Explore the topic of credit card applications

Once you start paying off your credit cards, close the newest ones and keep the oldest. Having long established credit card accounts that are in good standing reflects positively on your credit score and credit report. Keep up this routine until all your credit cards are paid off. Always remind yourself of the dedication it took to pay down accrued debt, especially if and when you decide to use a card regularly again. Stay on top of your balances and use your card wisely.

06/20/09 7

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