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Questions & Answers > Credit Score > How can having a large number of accounts affect the credit score of a person?

How can having a large number of accounts affect the credit score of a person?

By Derek Brown
Published: Sunday, November 1st, 2009

If a debtor has a large number of accounts with zero balances, then it does not have an impact on his credit history.

Opening a large number accounts to improve credit history and being rejected for them can also affect credit score adversely.

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