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  2. 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.

  3. 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 ...

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

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

    Closing an inactive credit card account decreases the amount of credit available to you and can have a negative impact on your credit score. However, closing unused credit card accounts can help ...

  5. 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 ...

  6. Cut off? What to do if your credit card issuer lowered your limit

    www.aol.com/finance/cut-off-credit-card-issuer...

    When a credit card issuer lowers the limit on a card that has a balance, though, the debt-to-credit limit ratio will be inflated and can have a serious negative effect on your credit scores. For ...

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

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

    Before you cut up your card, learn the consequences of closing your account. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...

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