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Credit Cards: Harmful or Helpful?
From using the simulator, opening a new credit card will harm my already poor credit score by 130 points. Although I have read many articles which stated credit cards can be very helpful to scores I am wondering how and how long? Mainly with very low utilization how long will it take me to gain the point I will lose back and some? If it is possible can someone provide, on average, how many points will be gained per month once I start the gaining process?

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