Archive for: January 25, 2007

January 25, 2007

Mortgage Broker Company - Closing an account can improve your credit score for a better mortgage?

Filed under: Mortgage Broker Company - 25 Jan 2007

Not!

Your credit score is very important when trying to obtain mortgage.  Closing an account does not help you credit score and can possibly hurt it. 

It is true that you can have to many open accounts. But by closing the account …