Closing old credit card accounts can actually be bad for your credit score in a few different ways. Instead, keep them open and try this easy trick to boost your score.
Applying for a new credit card can hurt your credit score in the short term, but having and using the card responsibly can improve your score in the long run.
Ensuring that you pay before the due date reflects a strong image of financial responsibility and improves credit rating. A single missed payment will take a heavy toll on the credit score.
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