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I received a credit line with 0 % interest for the first year and I'd like to pay off a couple of balances. I closed and am in good standing with 2 accounts several years ago. I closed them because of the ridiculous interest rate. I also have several open lines of credit. All accounts in good standing, but lots of utilization. I'd really like to pay off the closed accounts and get rid of them. I pay the minimum monthly and the balances obviously are just not going down. Does it make a difference to my score if I pay off the open or closed balances? I know the objective is to have as much available credit which leads me to believe I should do the open ones, but it makes me insane to pay the interest on accounts that are closed for years. I'd pay more if I could.

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