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Long running, positive credit is im****tant. If you are consolidating
your debt, do not close your oldest loans or credit card balances
completely. Keep your debt to income ratio between below 10% -30%.
Your debt payments should not exceed 30% of your monthly income. So if
your monthy income is $3000, your total payments to lenders shouldn't
be over $900. 10% -20% is a better ratio to shoot for.
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