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Lafsgalore

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CK said opening credit card helps increase my score -it went down! Why? Should I close the new card?

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I'm sure somewhere on Credit Karma also said, when opening a new credit account, your scores might drop, due to inquiries, new accounts/average age of credit and possibly taking on more debt... The scoring effect from opening new accounts usually will recover in 3~4 months, unless it's balances or utilizations remains high.

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