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Old 05.05.2008, 17:33
Hedwig Hedwig is offline
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Join Date: Jan 2003
Posts: 4,254
Initially it will probably lower your score as it decreases the length of history. However, as it ages, your score will go up, especially if you keep the utilization low.

What does the rest of your credit history look like? Do you have any open and active accounts? How old? What's your utilization? Do you have a mix of credit types?

All of these things will influence the score.
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