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Mzvirg0

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Does closing accounts and transferring balances drop your credit score?

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Closing does hurt score.

When you transfer balances to a new card, that can increase your score.  Any time you close an account, you remove that account's credit limit from your total available credit and that account's age of credit from your credit score.  Not a good idea.  Please re-read the articles provided here to better understand how credit works.

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