Ask Terry Questions Credit Score

Credit Score

By Terry Savage on May 04, 2022 | Credit/Debt

I was invited to open a “Custom Credit Line” ($35K) from Citibank on July 2013. I have never used the account.
Citi has advised via mail that the product will be retired (account closed) on June 6, 2022. Will this affect my credit score?

Terry Says

No, actually having fewer lines of credit open should raise your score. But when was the last time you checked your credit report? You should do that. Go to www.AnnualCreditReport.com.

money

ASK TERRY

a personal
finance question