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Will Canceling Credit Cards Hurt My Credit Score?

By super on July 21, 2016

Canceling credit cards may seem like a solid money move—particularly if you’re the type tempted to “put it on the plastic” a little too often—but before you cut up your card and cancel the account for good, there are a few factors to consider. Worst case? Canceling that credit card could potentially do serious damage to your credit score. Here’s how.

Found in: Credit & Debt

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