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Canceling a credit card can impact your credit score in these four ways.
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Product Rate Change Last week
Balance Transfer Cards 16.11%  0.01 16.12%
Cash Back Cards 16.49%  0.04 16.45%
Low Interest Cards 11.23% --0.00 11.23%
 
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Credit cards are taking back market share from debit and prepaid ones -- a sign our Recessionary scars are healing.
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