Closing A Credit Card: When It Makes Financial Sense | NerdWallet

Ready to cancel a credit card? Before you do that, make sure you understand when the right and wrong time to close a credit card is. Sally French breaks down when you should close a credit card, for instance having high annual fees, to when you should keep a credit card, like when it negatively impacts your credit score cause of credit utilization and length of credit history.

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Closing A Credit Card: When It Makes Financial Sense | NerdWallet
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