What happens to credit score if you close a store credit card ...

By admin

score drops a little not much. dcadranco says: July 14, 2009 at 8:20 pm. Private Label credit reports do not reflect as well on your credit report as major credit cards do and they typically carry much higher interest rates. ... The Credit Repair Guy says: July 14, 2009 at 8:20 pm. If you are not in default, DO NOT Close the accounts. The older the account " In Good Standing" the better your score. Simply shred the card so you will not use it, but your score will go down ...

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