What is the real reason why you want to cancel a card? Is it because of a high interest rate? Did your issuer increase your rate? In this case, you may consider calling up your credit card company and negotiate for reduced APR. If you have been a long time customer with a good payment record, your issuer is most likely to grant your request than to lose you. Please visit our website http://www.newhorizon.org/credit-info/why-cancelling-a-credit-card-hurts-your-personal-credit-rating/ for more info about Cancelling a Credit Card.
Licence : All Rights Reserved