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Will an unused credit card improve credit rating ?

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Will an unused credit card improve credit rating ?

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Since 30% of your score is based on your debt to credit ratio simply having a credit card and not using it will raise your score. But using it for every day things and paying it off in full every month will raise your score a whole lot faster because another 35% of your score is based on your payment history. Besides if you never use it the credit card company will close the account.

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