Closing a credit card can hurt your credit score, so know the potential risks and benefits before you make the call. Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 ...
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 ...
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Short Answer: Yes, if the card is still not officially approved, you may be able to contact the credit card issuer to cancel before you are officially approved. But if you’re approved, declining a ...