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

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

   Why credit card issuers lower limits. As outlined in the Fair Credit Reporting Act, credit card issuers have the right to lower credit limits at will and may do so when a cardholder appears to be ...

5. Is closing a credit card bad? - AOL

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

   Closing a credit card may hurt your credit, but the impact varies depending on your credit history. ... $6,000 balance / $10,000 credit limit. Card 2: $1,000 balance / $3,000 credit limit ...

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

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

   If you've got a credit limit of $10,000 across three cards, but are carrying balances that total $2,500, you've got a credit utilization ratio of 25%. It's good to keep this figure under 30%.

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 ...

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

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

   A credit card issuer has the right to close your credit card if you don’t use it. Unfortunately, closing an account can have an adverse effect on your credit score.

9. My new card has a lower credit limit than I expected - AOL

   www.aol.com/finance/card-lower-credit-limit...

   In some cases, your best bet may be to learn to live with the lower limit for a time, adjust your spending plans for the card and use it responsibly to demonstrate you deserve a higher limit.