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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. 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 ...

  4. 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.

  5. Is closing a credit card bad? - AOL

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

    If you have an unused credit card you don’t want to cancel, consider keeping it in your wallet for occasional small purchases, like parking fees. Another option is to set up an automated payment ...

  6. Canceling Your Credit Card? Not So Fast -- Try This Instead - AOL

    www.aol.com/canceling-credit-card-not-fast...

    An unused credit card can be good for your credit There are two ways that keeping an unused credit card can benefit your credit score, a vital piece of your financial picture. Credit history

  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.

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