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Yahoo Answers! Credit Cards This is a RSS feed for Topics from Yahoo Answers! That pertain to the discussion of credit cards, bad credit cards and credit limits. Feel free to discuss this in the credit card discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-28-2007, 11:23 AM   #1 (permalink)
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Switching Credit Cards vs Cancelling credit Cards?

I have a Marriott Visa credit card, but no longer use it and don't want to pay the $30 annual fee. But I don't want to cancel it either, as it will lower my credit score. They said I can switch it to a card that doesn't have an annual fee. Will that effect my credit score the same as if I cancel it? Or if I just switch to another card, will it not effect my score at all? Thanks!
 
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