Paid off a card with a balance transfer? Closing it can hurt your credit score. Here's why to keep your card open -- and what ...

Canceling a card the wrong way can damage your credit score. Here's how to close an account safely -- and when to skip it ...

Kelly-Ann Franklin has spent more than two decades in journalism which has helped her build a wide knowledge base of business and personal finance topics. Her goal with editing is to ensure tough ...

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 ...

Image source: Getty Images I've opened a handful of credit cards over the years -- but I've never closed a single one. And that's not just because I'm a sentimental guy. It's not because I love ...

Image source: Getty Images 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, ...