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Old 01-20-2007, 11:55 AM
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disneysteve disneysteve is offline
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Default Re: Closing Your Credit Card Account Can Hurt Your Credit Score

kv968 - The question you need to ask yourself is what you needs for credit are in the near future. If you won't be shopping for a car, a home, etc., it may make more sense to get rid of that card that is costing you $48/year. Yes, your score may take a hit in the short term, but it would gradually recover and you'd save $48/year.
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