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asweetunrest

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Will closing youngest account improve score?
Assuming you just paid off all credit cards...

If you close your youngest credit card, will your credit score improve? If the measure of age is really an average, then your score should improve.

But everywhere I look online says that closing a card can never benefit your score.

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Closing a card hurts your score because it removes that card's credit limit from the total available credit limit you have. 

For more information on credit, please read the articles (look at the left under Resources) because teaching about credit is the purpose of this site.

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