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Headlines & Perspectives
Credit Card Debt Can Lower Your Credit Score
By BankingMyWay.com
02/11/09 - 10:22 AM EST
Using more than 30% of your available credit could knock as much as 100 points off your credit score, and that can make a big difference when it comes time to take out a loan. Advice: Get your credit card balances below that 30% threshold.
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