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Credit companies will often offer you special introductory rates, generous free gifts or other incentives to switch companies. However, you should resist the temptation unless you have a reasonable reason to switch. Establishing a good credit relationship with one company – having one credit card from your college days, for example – is a good way to show lenders that you are a steady sort of person who is likely to take money matters seriously. That is exactly what lenders want to see. Switching accounts and lenders makes you appear fickle and less than reliable.

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