The Ultimate Guide to Making Money

CNN Money’s “8 Credit Score Myths”

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CNN Money has a great article called “8 credit score myths.”

A lot of my friends are confused about credit scores (“My credit card company raised my credit score yesterday…now I can spend $2,000 more!”), so I’m going to go over it in the next couple of weeks. If you have any specific questions about credit scores, let me know and I’ll work them into my upcoming post.

Now what?

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  1. Hi! I am wondering what happens to the credit score when you close a credit card because you don’t use it anymore? Thanks!

  2. your credit card is still listed on your credit report when it is closed…