Canceling credit cards may seem like a solid money move—particularly if you’re the type tempted to “put it on the plastic” a little too often—but before you cut up your card and cancel the account for good, there are a few factors to consider. Worst case? Canceling that credit card could potentially do serious damage to your credit score. Here’s how.
Will Canceling Credit Cards Hurt My Credit Score?
on April 14, 2015
By Alissa Harb