Closing Your Oldest Card Destroys Your Score!

Closing your oldest credit card? That’s like shooting yourself in the foot. Seriously. No, it doesn't “clean up” your credit profile; it annihilates it. When you close that card, you’re stripping away your credit history, which accounts for 15% of your score. If your oldest card is, say, 10 years old, that’s a decade of positive payment history gone in an instant! Think about it—your credit score could drop by 100 points or more! So, if you think closing cards will help, you’re being misled. Instead, keep that old card open, even if you only use it for a small purchase every few months. Trust me, your future self will thank you!