nordlead on 14 September 2009
| Icyedge said: Ok guys, if what your saying is true, than credit in the U-S and Canada doest work the same. I bought my car 2 years ago, still at 0%, it was 5 years at 0%, its common here. Opening up a credit card or closing up a credit card doesnt affect your credit score here, I can certified that. |
yes, well that may be the case. I didn't realize you were from Canada at first or I would have suggested this. In the US you can get 0% for the first year (pretty common) but after that it typically skyrockets. Any credit card you open is at least a 6 month hit, and unless you have way to many credit cards, closing them is a bad idea. If you have a lot of credit cards closing one is good as it reduces how much available credit you have.
