Maintaining a zero balance on a card is a way to provide for an emergency. Closing an unused account can hurt your credit score in the short term, as it causes a drop in your available credit. Some card issuers require a minimum amount charged each month or year to keep the card active. If that is the case, consider using the card for a recurring expense, like your cable bill, each month. Pay it in full and you will be sure that the account will stay open and active.
At Oxford at The Boulevard Apartments in Corinth, Texas, we believe it’s important to live life vigorously. In order to do so, you must educate yourself regularly with lifestyle-enhancing tips such as these. With this blog post, we seek to improve your way of life through education that promotes self-care.