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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. 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. 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 ...

  7. 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

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