Thinking about canceling a credit card? Here's what actually happens to your score -- and the step-by-step process to avoid ...

Canceling a credit card with a $10,000 limit can raise your utilization ratio and ding your score. Here's exactly what ...

Closing a credit card account can affect your credit, so proceed with caution and make the transition smooth. Many or all of the products on this page are from partners who compensate us when you ...

Dear Liz: I’m 75 and getting forgetful and disorganized. My prior excellent credit rating has suffered due to late payments because of this. I’d like to simplify my finances by getting rid of extra ...

Downgrading a credit card lets you keep your rewards and credit history without paying an annual fee. Here's how to do it the ...

My new husband and I take full advantage of our credit card rewards by paying our balance twice per month, being careful to keep our debt-to-credit ratio well below 30 percent. My problem is my ...

Image source: Getty Images Personally, I'm only a few years into my credit card journey. But a little research has clued me in on what can happen if I hold onto a credit card for decades-- some of it ...

Before closing a credit card account, consider keeping it open if it has no annual fees or high interest rates to maintain a good credit utilization ratio. Settle any outstanding balances and cancel ...