5 Credit Score Myths -- Debunked
Can you get a credit card with a bad credit score? And how many different FICO credit scores do you have? If you said "no" or "three," respectively, to these questions, you've fallen victim to a common credit score myth. Here's the truth behind these two credit score myths, as well as some other common misconceptions.
This is the exact opposite of what generally happens. Closing an old or unused credit card can hurt your credit in two main ways.
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Source: Fool.com
