Can a credit card be canceled if it is not used?

Answer If you don't use your credit card, the credit card company can cancel your account. This usually only happens if you haven't used the card for six months or more, but the credit card company does h... Read More »

Top Q&A For: Can a credit card be canceled if it is not used

Does a Credit Card Stop Accruing Interest When It's Canceled?

You continue to accrue interest on an outstanding credit card balance even after canceling the account. However, Bankrate recommends that you keep the account open until you pay off the balance, an... Read More »

Is it standard practice to charge credit card fees when paying by credit card?

While some businesses charge a fee when customers pay by credit card, it is against their merchant agreement with the credit card company, such as Visa or MasterCard. If you encounter a company th... Read More »

What Can You Do If Your Home Equity Line of Credit is Canceled by Your Bank?

A home equity line of credit can give you a financial cushion in case of emergency or to make some major repairs in an older home. Lenders are tightening their rules about accessing a home equity l... Read More »

Does a secured credit card look just like a regular credit card?

A secured credit card differs from a standard credit card in the fact that the borrower must make a deposit to the credit card company to protect the company from the likelihood of default. Merchan... Read More »