They are the knickknacks of your personal financial lives: those old credit cards youseldom use. You might dust them off occasionally and charge something, but they oftenremain tucked away in a drawer or wallet, unused and overlooked.
Every once in a while, though, you may wonder what do they do to your credit scores.
A consumer recently asked us:
“How frequently should I use my seldom-used credit cards?” (“Such store credit cardsthat I might use every few years?”)
The basic answer is that most credit scoring models don’t reward you for frequentactivity on your accounts — or penalize you for lack of activity. Instead they generallyfocus on factors such as your balances and whether you pay on time. (There are models thatmay look at your activity to target you for special promotions, but that’s another matter.)If you stop using a card, there is a risk that your issuer may close it, and that mayreduce your available credit.
On the other hand credit card expert Jason Steele says he doesn’t worry too muchabout issuers canceling his old accounts. He said:
“In most cases, you will not have your credit card account closed for inactivity. Manycredit cards charge an annual fee, which the banks are certainly happy to collect, even if youdon’t cancel your card. Yet even the no-fee cards rarely have inactivity clauses, so it is notmuch of a concern. I have some cards that I use very rarely, less than once a year onaverage, but I keep the account open and have never been canceled for inactivity.”
24. According to the passage, what will people do to the credit cards they seldom use?
A. They will not use those cards any longer.
B. They may use those cards once in a while.
C. They will throw those cards away.
D. they may lock those cards in their drawer.
24. 【答案】B。解析：推断题。根据文章第一段“You might dust them off occasionallyand charge something,” 可知人们还是会偶尔用下这些信用卡。B 项与之符合。“but theyoften remain tucked away in a drawer or wallet, unused and overlooked.” 是说会把不经常使用的信用卡放到抽屉或钱包里，并不一定锁起来，所以 D 项不对。