At Credit Law Center, we regularly hear from clients who opened a card for a great sign-up bonus, used it just long enough to earn the reward, and then quietly stopped touching it. It’s a common habit, but it’s worth understanding what actually happens to a credit card that sits unused. In many cases, the […]
Tag Archives: closed credit cards
19
Apr
Apr
From a young age we were taught the importance of living debt free. When assessing your personal finance goals, you may find it tempting to close out some of your credit card accounts in an attempt to lower your debt. To many, it may feel good to close out an account that held negative payment […]
19
Apr
Apr
From a young age we were taught the importance of living debt free. When assessing your personal finance goals, you may find it tempting to close out some of your credit card accounts in an attempt to lower your debt. To many, it may feel good to close out an account that held negative payment […]