Before closing a credit card account, consider keeping it open if it has no annual fees or high interest rates to maintain a good credit utilization ratio. Settle any outstanding balances and cancel ...

Canceling a credit card can hurt your credit. Here’s how to avoid the damage Written By Written by Contributor, Buy Side Ana Staples is a contributor to Buy Side and an expert on credit cards and ...

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 ...

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 ...

Pending credit card transactions are somewhat of a gray area — they can appear on your statement and temporarily reduce your available credit, but they’re not added to the balance. It’s possible to ...

When you close a credit card, it’s typically a use-it-or-lose-it situation for rewards — and you may miss out on huge value if you don’t take action. “Too many cardholders forget or don’t realize that ...

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 ...

You don’t have to close a credit card account to avoid paying an annual fee. Downgrading your card to one that doesn’t charge is better. Here’s how to do it.