For the record, I have no intention of doing this, just wondering why I don't hear about it more often.

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[–] 4 points 3 months ago

Yeah that dude is right. One of the things they look at is available credit. If you close an account with a $20k limit and zero balance, your score will drop.

For any future/current parents with good credit: if you add one of your kids to your credit card, their credit rating gets a boost.

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