One may always cancel their credit card, however, if one has a balance outstanding, one is STILL RESPONSIBLE FOR PAYING.
From a credit reporting standpoint, it is never good to cancel a credit card because the number of open accounts is reduced and the relative credit usage is reduced (both resulting, generally, in a reduction of credit score).
We had to cancel our credit card to get rid of the continuing charges
Applying for a credit card does not mean that a person has to us it. It is advisable that the person does not cancel the card, as this actually is harmful to credit scores, while having an unused credit card can be beneficial for credit scores.
No... It will simply have a zero balance owing. The card will still be active - until you cancel it yourself.
call and cancel
Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.
Can I CANCEL this credit card
The only ways to cancel an accidental purchase on a parent's credit card is to cancel the order from the producer/provider or cancel it through the credit card's business.
We had to cancel our credit card to get rid of the continuing charges
Get StartedThe Request to Cancel Credit Card is used to request the cancellation of a credit card. It may be a cancellation request for your credit card or you may be making the request on behalf of someone else, for example, on behalf of a card holder who has died.
Applying for a credit card does not mean that a person has to us it. It is advisable that the person does not cancel the card, as this actually is harmful to credit scores, while having an unused credit card can be beneficial for credit scores.
"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."
No... It will simply have a zero balance owing. The card will still be active - until you cancel it yourself.
Cancel the credit card and tell the police.
call the company/ bank
call and cancel
Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.
The purpose of credit card protection is to protect the user of a credit card. If one's card is stolen and questionable purchases are made, an automated system will cancel the credit card and alert the user.