Why you should keep your credit accounts active
As people get older, they may find themselves more financially stable and using their credit cards less and less. Even if you’ve gotten to a point where it’s no longer necessary, swiping your card every once in a while can keep your account active.
When lenders see that an account is inactive, they’ll generally lower your credit limit, which can make your credit score take a small hit. Most people tend to close accounts they’re not using — don’t. When you close old accounts, you can damage your score by lowering the length of your credit history.
