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Is a Closed Account Still on Your Credit Report?

Is a Closed Account Still on Your Credit Report?

Sometimes we need to close an account on our credit report. Maybe we’re done with the card or loan. Or, maybe the lender closed it. Either way, it may still show up on your credit report. There are many reasons for this. It shows new creditors what you’ve had in the past so they can make informed decisions about lending you money.

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