How to Close Unused Credit Card Accounts
Author: Board Monitor
Posted: Tue Jun 06, 2006 3:39 pm
Post subject: How to Close Out Unused Credit Card Accounts?
This message posted by e-mail request from one of the visitors to our site:
Help, I know I have many credit cards open...I only use 1 but have opened many over the past 35 years, but then put them away. I understand I should cancel all but the ones I use. I don't remember all of them or know how to find out which ones I have. Where do I begin? Then how do I find out their address to cancel? Pleae help!
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: AmandaJane
Posted: Tue Jun 06, 2006 4:02 pm
Post subject:
Your credit reports will list all open accounts, with the address for each creditor. I think they list only part of your account number, but that should be sufficient to identify you and your account. Write to each creditor and ask that your account be closed. You'll probably get a follow up call from the creditor trying to get you to keep the account, but you can insist that it be closed.
I know that they recomend not closing accounts but I sleep better with fewer open accounts.
AJR
Author: NightStar
Posted: Tue Jun 06, 2006 4:10 pm
Post subject: How to Close Unused Credit Card Accounts
You are entitled to one free credit report per year for each of the 3 major credit reporting agencies Experian Equifax and TransUnion - right now you can get all 3 reports going to this link:
www.annualcreditreport.com
Once you get a copy of your credit reports it will show all accounts across all 3 reports that you own. These credit reports will have the addresses for each company that you can write directly to them and close the accounts.
You can also call the credit reporting agency for the most current up to date address on that creditor. Sometimes they have more up to date info if you call in.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Tue Jun 06, 2006 3:39 pm
Post subject: How to Close Out Unused Credit Card Accounts?
This message posted by e-mail request from one of the visitors to our site:
Help, I know I have many credit cards open...I only use 1 but have opened many over the past 35 years, but then put them away. I understand I should cancel all but the ones I use. I don't remember all of them or know how to find out which ones I have. Where do I begin? Then how do I find out their address to cancel? Pleae help!
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: AmandaJane
Posted: Tue Jun 06, 2006 4:02 pm
Post subject:
Your credit reports will list all open accounts, with the address for each creditor. I think they list only part of your account number, but that should be sufficient to identify you and your account. Write to each creditor and ask that your account be closed. You'll probably get a follow up call from the creditor trying to get you to keep the account, but you can insist that it be closed.
I know that they recomend not closing accounts but I sleep better with fewer open accounts.
AJR
Author: NightStar
Posted: Tue Jun 06, 2006 4:10 pm
Post subject: How to Close Unused Credit Card Accounts
You are entitled to one free credit report per year for each of the 3 major credit reporting agencies Experian Equifax and TransUnion - right now you can get all 3 reports going to this link:
www.annualcreditreport.com
Once you get a copy of your credit reports it will show all accounts across all 3 reports that you own. These credit reports will have the addresses for each company that you can write directly to them and close the accounts.
You can also call the credit reporting agency for the most current up to date address on that creditor. Sometimes they have more up to date info if you call in.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 10:26 PM
0 Comments:
Post a Comment
<< Home