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NotYourAvgHomoSapien OP t1_iub9pbd wrote

Reply to comment by 93195 in Cutting up vs closing credit cards by NotYourAvgHomoSapien

I’ve made all of my major purchases and am debt free, I no longer finance anything and just pay cash. My biggest concern is leaving them open and being vulnerable to identify theft.

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93195 t1_iubcr9p wrote

If you’re not taking out new credit, freeze your credit. Do that whether you leave these open or closed. A credit freeze won’t stop someone from hacking and fraudulently using the ones you already have, but there’s fraud protections for that.

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shadow_chance t1_iuguq0j wrote

You're vulnerable to identity theft regardless of whether you have any active credit cards.

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