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 ...

When you have a credit card you don’t use, canceling it might seem like an obvious move. That’s especially true if the card carries an annual fee or you’re prone to overspending. But if you aren’t ...

(NewsNation) — If you’ve been reminded to make a purchase using an old credit card, you might consider wanting to cancel the card altogether. But is that a good decision for your credit score? Will ...

Sometimes you need to cancel an application because you applied for the wrong card, another card has a better sign-up bonus or you realize you don’t need it. Canceling a card can be difficult because ...

It’s typically better for your credit score to keep an unused credit card open, especially if it’s your oldest line of credit. However, you might be better off canceling the credit card instead if you ...

Dear Liz: I’m 75 and getting forgetful and disorganized. My prior excellent credit rating has suffered due to late payments because of this. I’d like to simplify my finances by getting rid of extra ...

If a credit card isn’t useful to you anymore, negotiating a waived fee could make a lot of sense. If all else fails, cancellation a less-useful credit card just makes sense, even if it entails a hit ...

Recurring charges to your credit card can add up quickly, even if they’re small amounts. Sometimes known as gray charges, these show up on your statement monthly, biannually or annually, often as a ...

A pending transaction is a charge that shows up on your credit card statement but hasn’t been reduced from your balance yet. Merchants may also place a pending transaction — or hold — on your account ...

When I first moved here I had no credit history being Canadian, and the only bank that had a policy of calling Canada to check my previous credit was Bank of America. My office has an arrangement with ...

If Jane decides to cancel a few credit cards, she should first focus on the ones that have an annual fee. If she isn't using ...