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Should I take advantage of an offer to re-open a charged off credit card to rebuild my credit?
I received an offer from a credit card company with whom I have a charge off...$400.00. They have offered me a NEW card by transferring the charge off amount and allowing me to pay it down slowly. As I pay it down, they will give me credit in the same amount of what I've paid. Will this help or hurt my plan to rebuild my credit score?

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