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  • Why closing a credit card can damage your credit
  • November 09, 2011
  • After the bank hiked the annual fee on his credit card, a reader reacted by closing the account, which lowered his credit score. Our expert explains why that happened

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