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I did my monthly credit check on today and learned a couple interesting things. First, Lowes raised my credit limit (and didn't proactively tell me) so that it is now nearly 4x the size of my Home Depot credit card. Both cards were opened to access discounts and select financing promotions of a major $100k home renovation a few years ago. I also learned that I am using only 7% of my available credit across my standard credit and store credit cards.

Along the way I found the following article that I think would be of benefit for anyone who thinks they have too many credit accounts:

The Do’s and Don’ts of Closing Old Accounts
Closing old and unused credit accounts on your credit reports can help you avoid unnecessary fees and guard against identity theft. However, it can also cause your credit score to drop if you are not careful. Here are a few do's and don'ts for closing those dormant accounts:

Who wishes everyone a summer of sensible spending and savings...
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