I got a new credit card in the mail through an airline. I didn’t know I was applying for a card, I thought I was joining the frequent flyer club. I have not activated the card. I thought about keeping it in a drawer for emergencies, but the interest is outrageous, so I want to [...]
How Can I Close a New Credit Card Without Effecting My Credit?
Sep-2nd-2010
A Question of Money: What You Need to Close a Surplus Credit Card Account
Jun-23rd-2010
A question of money: What you need to close a surplus credit card account Question: To improve my credit status I have been advised to close unused credit card accounts, and reduce the spending limits on live card accounts. Read more on Belfast Telegraph
CitiFinancial Reorganization to Close 330 U.S. Branches, 6 In Md.
Jun-7th-2010
CitiFinancial reorganization to close 330 U.S. branches, 6 in Md. Move affects 500 to 600 jobs Baltimore-based CitiFinancial, the consumer lending arm of financial giant Citigroup Inc., said Tuesday that it plans to close 330 branches across the U.S., including six in Maryland, in an effort to reorganize its business. Read more on Baltimore Sun
How Do I Close Empty Credit Card Accounts?
May-27th-2010
I have recently checked my credit report and I realized I had several credit card accounts which were unused for several years running with a zero balance for some time. I would like to close them to resolve my accounts and improve my overall credit. I have to admit that some of the credit companies [...]
How and Why Is My Credit Card Affected When I Open and Close a Credit Card?
Apr-22nd-2010
I see a great deal at a store to open up a credit card and get a prize or a rebate. If I want the big discount I open the credit card and then get the discount but I don’t want or need the credit card at all. Is it better to close down this [...]
What Happens to Credit Score If You Close a Store Credit Card?
Apr-22nd-2010
I have a few store credit cards (Macy’s, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don’t know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards?
Can Credit Card Companies Close Your Accounts Without Warning? How Does It Affect Your Credit Score?
Apr-14th-2010
I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is [...]