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.”
25. In the author’s opinion, if you stop using a credit card, one possibility is that______.
A. the bank issuing the card may close it
B. your credit score will surely be reduced
C. your available credit will remain the sameD. your financial situation will be at risk
25. 【答案】A。解析：细节题。根据倒数第三段 If you stop using a card, there is a riskthat your issuer may close it, and that may reduce your available credit. 可知，作者认为如果停用信用卡，发卡行可能会关闭你的账户。故 A 项正确，B 项“surely be reduced”与原文“may reduce”不符，故排除。