As a final note, make sure that you are always checking your credit report on an annual basis and report any wrong information quickly to
help preserve your credit score.
Direct lenders are straight to the source, which may result in lower fees, will speed up the processing time to close, and
preserve your credit score with simply 1 source pulling that information.
(Realize this is probably a really obvious observation) Second, you need to be careful to
preserve your credit score so that you can refi or transfer to a new card if you need to.
@Kathy, To answer your question, the answer is YES, keep your old credit card account open — it will be best to
preserve your credit score.
You're likely to continue making timely payments to
preserve your credit score.
Take a longer loan term only if you're struggling to make payments and need to avoid defaulting to
preserve your credit score, Davis advises.
Amex also usually allows you to receive credit limit increases without any hard pull to your credit so once again, Amex makes it easier to
preserve your credit score.
Take a longer loan term only if you're struggling to make payments and need to avoid defaulting to
preserve your credit score, Davis advises.