#1 Credit Myth Busted!

**Myth:** Closing credit cards boosts your credit health.
**Fact:** This move might actually harm your credit score!

It seems logical to think that closing a credit card would improve your credit health, but this is not always the case. When you cancel a credit card, you reduce the credit available to you and limit the credit history for that account. Both factors can potentially lower your credit score.

Maintaining a healthy credit score is crucial for your financial well-being. Instead of closing accounts, consider keeping them open and using them responsibly to maintain a higher credit limit and longer credit history.

Want to learn more tips to keep your credit score in top shape? Follow us and stay tuned for more insights!

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