An account closure could hurt your credit score, even if it wasn't your fault. Here's what to do to fix it. Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, ...

Closing a credit card can feel satisfying like decluttering. Maybe you’re fed up with annual fees, done with debt, or just ...

Cancelling a credit card is a significant financial decision that can impact your credit score. While experts generally advise against closing a credit card, there are valid reasons to do so, such as ...

If you close a credit card with a balance, you’ll still be responsible for that debt. Card issuers will continue to send statements in the mail, and interest will still be applied to that balance. In ...

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 ...

You generally should avoid closing accounts if your scores aren’t great or if you’re in the market for a major loan, such as ...

As a freelance personal finance writer since 2008, Jason has contributed to over 100 outlets including Forbes, USA Today, Newsweek, Time, U.S. News, Money.com and NerdWallet. As an industry leader, ...

Okay, talk me down. I have 18 credit cards and would like to close five of them — all at once. Actually, I’d like to close more, but I have five targets for now. The cards are paid in full every month ...