redit Score and Open Accounts. Explain how closing a credit card account can negatively impact your credit score. losing a credit card account can negatively impact your credit score because: (Select the best answer below.) A. it will reduce the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A lower percentage of credit utilization will lower your credit score. B. it will reduce the amount of credit available and will therefore decrease the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score. C. it will reduce the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score. D. it will increase the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score. redit Score and Open Accounts. Explain how closing a credit card account can negatively impact your credit score. losing a credit card account can negatively impact your credit score because: (Select the best answer below.) A. it will reduce the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A lower percentage of credit utilization will lower your credit score. B. it will reduce the amount of credit available and will therefore decrease the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score. C. it will reduce the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score. D. it will increase the amount of credit available and will therefore increase the percentage of credit utilization if you currently owe money to creditors. A higher percentage of credit utilization will lower your credit score