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 ...

Learn the impact on your credit score when you close a credit card and explore alternatives for managing debt and high interest rates.

Canceling a credit card can hurt your credit. Here’s how to avoid the damage Written By Written by Contributor, Buy Side Ana Staples is a contributor to Buy Side and an expert on credit cards and ...

Closing a card can change your credit score. But keeping one open forever changes it too. Here's what actually happens.

When you close a credit card, it’s typically a use-it-or-lose-it situation for rewards — and you may miss out on huge value if you don’t take action. “Too many cardholders forget or don’t realize that ...

Americans are having a harder time paying their credit card bills. Recent data from the Fed shows that credit card delinquency rates have reached the highest level since 2012. When people can't pay ...

Cancelling a credit card might seem like a simple way to cut costs, but it can impact your CIBIL score. While the dip is ...