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 ...
Citi closed my Double Cash card due to inactivity without warning. Here’s what Citi says, what happens to your points, and ...
Credit cardholders look to their cards as convenient and ready sources of financing. Imagine the surprise (and inconvenience), then, to have a credit card closed without notice. If this has happens to ...
Add Yahoo as a preferred source to see more of our stories on Google. Before you close a credit card, read this. Credit cards are convenient tools for making payments and creating a solid credit ...
Dear Liz: A reader mentioned recently their credit score dropped only four points after closing a credit card they had since 1981. Three years ago I closed a credit card that was over 30 years old and ...
Let's say you've got a credit card with a $15,000 limit that you haven't used in years. You're tempted to shut it down to simplify your wallet -- and hey, no harm done, right? Not so fast. As someone ...
Dear Liz: You recently advised a couple who have excellent credit, no outstanding loans and a low credit utilization rate that they could close their credit card with a company that keeps reducing ...
Credit card issuers are not required by law to provide advance notice before closing accounts. Accounts may be closed due to lack of usage, non-compliance with terms and conditions or changes in card ...