October 16, 2026
Business

Thinking of closing a credit card? Here’s how it impacts your credit score(Soban News)

A credit card closure can alter the credit mix, reduce credit ageing, increase the credit utilisation ratio, or halt the progress in building a credit score and history. These can result in a marginal fall in the credit score. 

​A credit card closure can alter the credit mix, reduce credit ageing, increase the credit utilisation ratio, or halt the progress in building a credit score and history. These can result in a marginal fall in the credit score.  by Soban News (international And National News)

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