Credit Cards – Use Them Or Lose Them

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In the current economic climate, more and more credit card issuers are canceling the credit cards of the people who are not using them.

While this may make business sense for the large credit card companies, it can be devastating to a credit score because such a large percentage of your credit score is debt to credit ratio.

When it comes to credit cards, should it be ?use it or lose it??

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