Brady noticed his number 12 jersey missing from his bag in the locker room at NRG Stadium in Houston following the Patriots' February 5 win over the Atlanta Falcons. The jersey is valued at $500,000, according to Houston police.
Here are some areas of your credit it may affect: Credit card utilization rate. When you close a card, you reduce your overall available credit. Unless you scale back your spending, this will negatively affect your credit utilization rate, which is one of the most significant factors used to calculate your score. Therefore, even if you donât want a card anymore, it may be worthwhile keeping the card open â just to lower your utilization rate.
In our readerâs case, he already did damage by merely opening up a new account because every new credit inquiry, which happens when you open a new card, could affect your score. Still, closing the account may still chip at his score some more, especially if it had a sizeable credit limit. Thatâs because FICO scores are helped by the amount of unused credit you have available, and the more of it you have the better. (This is known as your credit utilization rate.