June 08, 2009

Letter to Kiplinger's Magazine

Below is an email sent to the editor of Kipligner's Personal Finance Magazine.

In regards to the story "The New Rules of Credit Cards" in the July 2009 issue.

I've had at least 5 credit card accounts closed in the past year (one was opened in 1996) because of inactivity. I thought my credit score would drastically drop like your article states. As it turns out, my credit score has actually gone up to 832! Maybe closing inactive accounts isn't as bad as what we are led to believe.


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