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I old a new credit card but they offer me a very low credit line. So, I just close this credit card & I never use this credit card.
Does it affects my credit score ?? thank you very much
Closing a new credit card
Closing a credit card will affect your credit score only if the account still has a balance. This may drop your score by 50 points.
However, if you close a credit card that you have been using for a long time and leave the new cards open, you are actually reducing your credit history. Around 15% of the score depends on the length of time your credit is being reported to the bureaus. So, canceling your credit card may affect your score negatively.