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How to cancel a credit card - and close it without hurting your score


You want to cancel your credit card. Before you pick up your scissors, know this: Canceling a credit card the right way involves more than simply snipping it in ...

What's the Right Way to Close a Credit Card? | Credit.com


May 13, 2015 ... Closing credit cards will likely hurt your credit score, but sometimes it's the right thing to do. Here's what you need to know to make the right ...

The Right Way to Cancel a Credit Card | TIME.com


Oct 3, 2011 ... While credit cards aren't evil, they can be very dangerous. So if you're planning to cancel one of your cards, make sure you do it wisely.

How to Cancel a Credit Card - Bankrate.com


Apr 1, 2005 ... There is a right way to cancel a credit card. Phone the issuer, send a letter, and check your credit report to make sure it was reported correctly.

Is Closing A Credit Card Good Or Bad? | Bankrate.com


Feb 19, 2014 ... Here are four ways that canceling a credit card can impact your credit ... Right now, you're using 20 percent ($600 in total balances) of the ...

A Guide to Closing Old Credit Accounts | Credit Karma


Sep 25, 2008 ... Consider closing unused cards that are costing you money. ... The safest way to close an account is to send a certified letter to the customer service ... I do not think it is right that if you pay off a car loan that you should be ...

How to Close a Credit Card Account | Nolo.com


Before you close any accounts, however, make sure you know how to do it the right way. (To learn when you might want to close credit card accounts, and how  ...

Don't Cancel That Credit Card! -- The Motley Fool


The right way to close a credit card account. Simply cutting up the card and calling it quits doesn't count. An unused card is still an active account (until ...

5 Things to Do Before Closing a Credit Card - NerdWallet


Jul 7, 2015 ... Closing your credit card account can have a negative effect on your FICO score in two ways. First, it lowers your ... Before going through with it, make sure you're making the right decision for your credit score. Then take steps ...

Will closing a credit card account help my FICO score? - myFICO.com


This may sound a bit counter-intuitive; after all, cleaning up your credit profile by getting rid of old or unused credit cards sounds like a good idea – and it may be ...

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The Do's and Don'ts of Closing Credit Cards | My Money | US News


Jun 12, 2014 ... Closing a credit card won't affect your average age of accounts right ... There are less drastic ways than closing all your accounts to handle your ...

How to Close a Credit Card the Right Way - The Balance


Sep 30, 2016 ... There are lots of good reasons to close a credit card: you have too many credit cards, your card issuer raised your interest rate or added an ...

Everything You Need to Know About Closing a Credit Card | MONEY


May 13, 2015 ... Closing a credit card can hurt your credit score, but there are times when it's the right move.