When To Close A Credit Card (And How To Do It) | NerdWallet

Описание: Closing a credit card isn't always a great idea since it can reduce your available credit which has a negative impact on your credit score. Sally French shares some instances when it is a good idea to consider closing a credit card, along with helpful steps to do before you actually close your card.

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How to Cancel a Credit Card in 6 Steps: https://www.nerdwallet.com/article/cr...

Chapters:
0:00 - Intro
0:34 - When Is Canceling A Credit Card Is A Good Idea?
0:45 - Example 1: Limiting Your Exposure To Fraud
1:17 - Example 2: Reducing The Number Of Cards You Have To Manage
1:33 - Example 3: If A Credit Card Has An Annual Fee
2:09 - Example 4: If The Credit Card Is Newer
2:29 - Example 5: If You Can't Control Your Spending With The Card
2:45 - Smart Steps To Cancel Your Credit Card

#NerdWallet #CreditScore #ClosingACreditCard

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When To Close A Credit Card (And How To Do It) | NerdWallet
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