Citi closed my Double Cash card due to inactivity without warning. Here’s what Citi says, what happens to your points, and how to prevent it.

Learn the impact on your credit score when you close a credit card and explore alternatives for managing debt and high ...

Cancelling a credit card is a significant financial decision that can impact your credit score. While experts generally advise against closing a credit card, there are valid reasons to do so, such as ...

Closing a credit card with a high limit can drop your credit score. Here's how it affects your credit utilization, history, ...

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 ...

Dear Liz: A reader mentioned recently their credit score dropped only four points after closing a credit card they had since 1981. Three years ago I closed a credit card that was over 30 years old 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 ...

Dear Liz: You recently advised a couple who have excellent credit, no outstanding loans and a low credit utilization rate that they could close their credit card with a company that keeps reducing ...

A lot of people try to simplify their wallet by canceling a card they never use. The oldest one is often the first to go. But that move can backfire. Your oldest credit line plays a bigger role in ...

Cancelling a credit card can affect your CIBIL score due to various reasons. While the effect is usually temporary, smart steps can help minimise the damage. When managed carefully, closing a card ...

Discover how credit cards can influence your credit score. Learn the do's and don'ts for managing credit card usage and ...