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kathsgrdn

Should I close out accounts?

Kathsgrdn
17 years ago

I want to buy a new car or newer car in a year or two. Want to give my old one to my son, who will be driving by then. How do I get the best credit score? Do I close out all paid off accounts or keep them open? I've heard both. Too many revolving accounts left open can hurt your credit score, not enough can hurt it too. Should I keep some open and close part of them?

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