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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. Is closing a credit card bad? - AOL

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

   Closing a card can increase your credit utilization, which can hurt your score. ... $6,000 balance / $10,000 credit limit. Card 2: $1,000 balance / $3,000 credit limit ... If you have an unused ...

5. 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 ...

6. 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 ...

7. How To Cancel a Credit Card: The Safe Way - AOL

   www.aol.com/cancel-credit-card-safe-way...

   If an unused credit card has a high credit limit or a long-established credit history, closing it could negatively impact a cardholder's credit score. It is usually better to leave these cards open.