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cherylv512

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consolidating debt and closing cards
would like to consolidate credit card and close some cards. Will that hurt mine and my husbands credit?

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do you have other accounts to support your score? if you close your oldest accounts, or ALL of your accounts, your scores will suffer. you need history to have credit. nothing wrong with consolidating, but me personally would leave the oldest ones open. 3-4 accounts with good, long pay history is enough for decent credit. 

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