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coolraz
Member since: August 2008
Total Contributions: 1
Activity
(1 Total Contributions)The Do’s and Don’ts of Closing Old Accounts
If you close an old account, your total available credit will decrease. That may mean your utilization % will increase and score will go down. On the other hand, if your total available credit is very high, that may make you more of a "risk" and decrease your score. Old accounts are really somethig you should not be worrying about that much, as long as you make sure to monitor them for potential identity theft.
Comment posted 3 years ago
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