To switch or not to switch?
August 21, 2012 12:55 PM Subscribe
Thinking of leaving one of the larger banks for either a community bank or credit union. The problem? My only two credit cards are also through the bank I'm considering leaving. What to do?
posted by po822000 to Work & Money (12 answers total)
The cards are paid off monthly, and they give me some good credit score karma, so if leaving the bank and cancelling the cards is a net negative on my credit report, I would prefer to avoid that as we plan to move and apply for a new mortgage in 2013.
So, should I proceed with the switch because it will have no impact? Or should I wait until after we move so that the big purchase is out of the way before potentially wrecking my credit score?