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What happens to credit score if you close a store credit card?

Posted by Bidadari Lembayung Senja 9 February, 2010 - 12 views

I have a few store credit cards (Macy’s, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don’t know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards?

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