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- If you currently have credit cards
- that are not being used, close those
- accounts. Too many open accounts
- can cause you to be denied credit on
- a mortgage or vehicle loan. To close
- an account, cut up the card and
- return it to the card issuer. The
- destroyed card should be
- accompanied with a note indicating
- you would like to close the
- account. Closed accounts are not
- always automatically reported to
- the credit bureau, so request that
- the closed account be reported to
- the credit bureau.
-