There will be a negative to her score if the credit report reads that the account was closed by the company. It isn’t a negative to the credit rating if it reads closed at holder’s request. I had to learn this lesson the hard way:) When I was younger and trying to navigate my way in the adult world, I was always taught to determine debt ratio (available credit to debt)before I decided to close out accounts. So there were times that I kept unused cc opened and times I closed them. When I applied for my first mortgage, one of the first things the bank looked at was open credit lines. They viewed too many open credit lines as a negative because of the potential of my accessing that debt. So the bank helped me determine which ones to close (lower possible debt) and which ones to keep open (helping credit score by showing accounts in good standing for a longer period of time).
I guess all of it depends on what your daughter’s short-term and long-term financial goals are and the best way for her to get there. I hope this helps:)
Thank you for your response. :~) I’ll tell her she should get with NFCU and go over her credit report she just got with them to decide if there are any accounts she can do that with.