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View Full Version : Can combining credit cards (NOT Debt Consolidation) hurt your credit score?


Day Dreamer
10-26-2007, 01:02 PM
I have several credit cards, many from the same institution. I'd like to combine all the ones from the same institution into one.

All the cards are paid off monthly - I am not carrying any debt.

Will this hurt my score?

Will this hurt me in any other way?

SPIFIMAN1
10-26-2007, 01:15 PM
From what you have said, this should have no affect on your score since you are not carrying a balance.

Kourtnie D
10-26-2007, 01:18 PM
Closing them will pull your score down a few points. Less Available unused credit.
Kourtnie
Prosperity Financial