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Q: Is closed and paid zero balance good for credit score?
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Will closing lines of credit affect your credit score if you have no debt?

How can you have "good credit"???????? IF you don't have any "credit". Closed accounts are CLOSED, NOT AVAILABLE, ONCE HAD, IN THE PAST, NOT CURRENT CREDIT, ETC.


Can you transfer a balance from a closed credit card?

Me personally I don't think if the card is closed then No u can't so good luck bye


How good is an 869 Credit Score?

How good is an 869 credit score?


Does keeping a balance on your credit card improve your credit report?

Not necessarily. You should have a high credit limit, but not use more than 50% of it. This is what improves your score. As a good rule of thumb, don't get into credit debt. Pay off the balance.


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.


Is 769 a good credit score?

A 769 is a very good score. You should qualify for all the best credit card, mortgage, and auto loan rates. For example: I have a 769 credit score, and the last credit card I activated offered 0% on balance transfers and 0% on new purchases for 21 months. After 21 months the remaining balance will then be only 11.90%, which is much lower than the 20%+ that many average credit consumers are forced to pay. Your good credit score allows you to pay less in interest and will save you thousands of dollars over your life time.


Is credit score 606 good?

A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.


Is 696 a good credit score?

Yes, a 696 is a very good credit score. The higher the score a person has the better chance to get credit.


Is 776 good credit score?

yes 776 is a pretty good credit score.


Can paying your credit card balance early hurt your credit score?

It shouldn't ! Paying off your balance early shows you're in good control of your finances - and can budget your bills based on your disposable income !


Having multiple open credit cards with no balance is bad or good for credit ratings?

The Credit agencies look at your debt to available credit to determine 30% your credit score which if you have no balance it is good for the ratio but they also like to see your paying history which is worth 35% of your credit score and if you have no balance how are they going to see that. In keeping with being debt free it is recommended to use they once in a while and pay them in full so they can be maintained as active (credit card companies sometimes close them due to inactivity which is bad because you lose your credit history with them) and it shows your good paying history.