Although you may be ready to cancel your credit card, it’s not as easy as simply cutting the card in tiny pieces (although that is one of the steps). It’s important to cancel a credit card the right ...
Closing a credit card can hurt your credit score, so know the potential risks and benefits before you make the call. Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 ...
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How to cancel a credit card in 5 steps
Before closing a credit card account, consider keeping it open if it has no annual fees or high interest rates to maintain a good credit utilization ratio. Settle any outstanding balances and cancel ...
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