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Originally Posted by jmjj215
The only reason you need a credit score is to go into debt for things other than a home - I stand by what I said - but look forward to being enlightened at any time!
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Credit reports are also used by Insurance companies to determine premiums or deny coverage which has nothing to do with going into debt.
All I'm saying is that closing your credit card accounts will lower your credit score and unless there is a good reason to do so, you don't want to be doing that. Pay them off and throw them into the back of a drawer, but don't close the accounts.