| SCAM!!!!!
I did this already and it was suppose to up my credit score.. IT DOESNT!! and mine was thru United Way which is a world known non profit center. They force you to close out all your credit cards.. You are NOT suppose to close out your credit cards or it will reflect your credit negatively..Once you get a zero balance your suppose to leave them open but cut your card it shows that you are able to keep an open credit a zero. Closeing them only makes it worse and makes you start over basically with your credit. 6 years later and I still have bad credit because of it.
From the link below:
8. Don't close an account to remove it from your record.
It’s a myth that closing an account removes it from your credit report. This is untrue—even closed accounts remain on your report, possibly for an indefinite period of time and may still be factored into the score. In fact, closing accounts can sometimes hurt your score unless you also pay down your debt at the same time.
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