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asadc95

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does it help your score to pay off a card and close the account
those previous responses were no help, does it her my score to pay off a credit card then close the account, if so why?

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Does it help to Pay off a Credit Card,  Yes,  as it shows you can manage your money, you also have a low debt to income ratio.

Does it help to Close a Credit Card Account,  No,  You lose the info and history with the account.   It will lower your Average Age of Accounts,  you lose the payment history,  you lose the available credit line.

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