How to Cancel a Credit Card

If you read my blog entry yesterday, you may be deciding which credit cards you would like to cancel. I thought it might help to offer up a few tips on how to cancel a credit card. First, there is no wrong way to cancel a credit card account. Still, there are some important steps to follow in the process. 1. Make sure you have paid off every cent on your account before you attempt to cancel. Even if you have a small balance, if you try to cancel the card it can wreck havoc with the credit card company. … Continue reading