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  • Jeremy M. Simon: Canceling credit cards may sound wise, but is it?
  • September 27, 2011
  • A mortgage lender's recommendation that a reader close his unused credit cards may have helped him obtain a mortgage, but it could hurt his credit score -- and his chances with future lenders.

  • View more at: http://www.creditcards.com/credit-card-news/jeremy-simon-mortgage-lender-close-cancel-credit-card-1508.php?aid=2741cce8&rss_lnk=25