After accidentally letting my oldest credit card close, I discovered that it didn't negatively impact my credit score at all. Despite common warnings about the potential credit damage from closing a credit account, my experience was quite positive. The card was seldom used and had a relatively low credit limit, which meant that its closure did not significantly affect my credit utilization ratio. Moreover, maintaining good payment histories on my other accounts helped preserve my credit score. This experience has highlighted the importance of understanding one's personal financial situation and the actual impact of credit decisions, rather than adhering strictly to general advice.
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