My girlfriend, who is more knowledgable about finance than myself, claims this is true. This seems counterintuitive to me and I need some more insight.
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Reducing the number and average age of accounts might reduce your score a tiny bit, but in general, doing the right thing with regard to debt will result in a high score. Don’t worry about gaming the system and such, just pay your debts on time, take on various types of credit (but responsibly) and you’ll end up with a good credit score.
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