Is it bad for your credit when you close a credit card?

Answer On One Hand: Lowers Credit ScoreFinancial experts warn consumers that closing a credit card account will have a negative impact on their credit score because it can raise their utilization rate. Th... Read More »

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Is it better for your credit score to close a zero balance credit card?

In most cases, you are better off not canceling a credit card with no balance, because it will no longer report to the credit bureau as being current with payments and your debt-to-available-credit... Read More »

Is It Better for Your Credit Score to Close a Zero Balance Credit Card?

Flat screen TV's have many options that make connecting stuff to them simple, but CRT TV's are older so they were made before all these connection devices started integrating to the TV sets. A CRT ... Read More »

What does it mean when a credit was posted to your credit card?

A credit card company posts credit to your account primarily through payments and refunds. When you make payments, your card issuer credits the amount you paid to your account. The company may also... 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 »