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    Oneill474's Avatar
    Oneill474 Posts: 427, Reputation: 2
    Full Member
    		  
    #1

    Sep 18, 2007, 05:52 AM
    Suze orman financial guru
    She said" when you pay off a credit card, do not close the account.
    Because it will effect your FICO score.

    Will the credit card company still charge somekind of fee, for an account
    That has a zero balance?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Sep 18, 2007, 05:58 AM
    Depends on the terms. Usually, if there is an annual fee its charged whether there is a balance.
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