Canceling cards can ding credit score (Los Angeles Times)
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In these uncertain times, you may one day wish you still had access to the accounts you closed. Dear Liz: I have several credit cards left over from the interest-free days. Five years ago, I used the first no-interest credit card offer to pay off a $15,000 loan. After a year, I transferred the balance to another no-interest deal. The next year I found another no-interest offer, and so on. I …
