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That’s really not great to do long-term, as it would impact your credit rating. Stores cards are seen as one of the worst types of credit, so that will lower it
by orev 5y ago
That’s really not great to do long-term, as it would impact your credit rating. Stores cards are seen as one of the worst types of credit, so that will lower it. Also the hard pull on the report as part of the signup process, and the act of cancellation all will lower your score. It’s like a 3x bad strategy.
- Scoundreller 5y agoI was years away from getting a mortgage
- ryathal 5y agoCredit score only matters if you want to borrow money. If you already have a mortgage, your credit score is basically invincible unless you stop paying or declare bankruptcy. Fluctuations for hard pulls and closing accounts are temporary.