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2. How to cancel a credit card without hurting your credit score

   www.aol.com/finance/cancel-credit-card-without...

   You have five credit cards each with a $1,000 limit, making your total available credit $5,000. Your regular monthly credit card expenses total $1,000. Your credit utilization ratio is 20 percent ...

3. How Canceling Your Unused Credit Card Could Hurt You - AOL

   www.aol.com/canceling-unused-credit-card-could...

   If you were to close an unused credit card that has a $2,000 limit, your total available credit drops to $8,000, and your balance now represents 25% of your available credit.

4. What to know before closing a credit card with a balance - AOL

   www.aol.com/finance/know-closing-credit-card...

   That said, credit card issuers cannot increase your annual fee or charge you new fees after you close a credit card. Closing a card with a balance can also help you avoid paying the annual fee for ...

5. Is closing a credit card bad? - AOL

   www.aol.com/finance/closing-credit-card-bad...

   Card 3: $0 balance / $12,000 credit limit. ... Closing your only credit card can affect your credit mix. ... If you have an unused credit card you don’t want to cancel, consider keeping it in ...

6. What happens if you don’t use your credit card? - AOL

   www.aol.com/finance/happens-don-t-credit-card...

   Pay off your balance: Be sure to pay off your balance prior to closing your unused credit card. If you don’t, your issuer could raise the interest rate on your existing balance.

7. I've Never Canceled a Credit Card. Here's Why - AOL

   www.aol.com/ive-never-canceled-credit-card...

   Let's say that you have one credit card with a $1,000 balance and a $4,000 limit, and another credit card with no balance and a $1,000 limit. Currently, you're using 20% of your available credit ...