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Spider1769

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Is it better to close accounts or reduce useage percentage?
I opened a few accounts to get me through a rough period. Now I am back on my feet. Is it better to close those newer accounts or reduce to 30% usage on all accounts?

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Top Contributor
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Keep open.

Reduce usage to 10% to 20%. Always pay the balance before finance charges kick in.  Only use credit that you can comfortably pay off every month.  

Top Contributor
5038 Contributions
1133 People Helped

As said, DO NOT close them!!

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