Most ccc's will close an account by telephone. It is preferable however, to do so in writing and to request written confirmation of the account being closed.
no. You will hurt your credit when you close an open line of credit.
Most likely, the parent who opened the account is the custodian of the account and is technically the only person who can make major changes, including closing the account. Therefore, the parent who opened the account will need to visit a local branch to close the account.
When sending a close a credit card account, you need to include your name, address and account number. You also need to include reason for closing the account.
There is no reason to believe that Amazon keeps your credit card info after you close your account. If it concerns you, you can actually delete your saved payment information before you close your account. Or, you can delete your payment information and keep your account open in case you want to use it in the future.
pay the balance,if any,and cut that bad boy up -> YOU CAN CLOSE IT WITHOUT PAYING THE BALANCE (CONTINUE TO PAY SO AS NOT TO DAMAGE YOUR CREDIT)...BUT IF IT'S A PROBLEM ACCOUNT YOU ARE BETTER TO BE THE ONE CLOSING THAN HAVING THEM CLOSE IT ON YOU.
no. You will hurt your credit when you close an open line of credit.
Most likely, the parent who opened the account is the custodian of the account and is technically the only person who can make major changes, including closing the account. Therefore, the parent who opened the account will need to visit a local branch to close the account.
It will not affect your credit if you pay off the balance when you close the account.
No, the banks can not close your saving and checkings account. If you have credit card debts then yes they can close your credit cards.
When sending a close a credit card account, you need to include your name, address and account number. You also need to include reason for closing the account.
Credit scores are calculated based on ALL the information showing in your credit at the time they are requested. In addition, they factor in "open" accounts in certain areas. You haven't provided enough information about your overall credit to receive a specific answer. If you have two to four revolving accounts after closing this one, you may be fine. If this is a recently opened account, you may be fine. But closing any account may change the length of time you have had credit (one important factor in scores), or the amount of credit available to you (which would change your ratios, another important scoring criteria). With a detailed picture of your current credit standing, someone with enough knowledge might be able to guess. But it would still be just a guess. The only way you will know for sure is to pull your scores, close the account, and re-pull your scores.
Contact the credit company and tell them you want to close the account and tell them to send you a final bill.
To successfully close an account, you must first have a zero balance on said account. Otherwise, you will still receive bills on that balance, which can and probably will accrue late charges.
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
No you must close the account.
Contact your local branch of AGFS. If the account was an installment loan, the account will "close out" at time of payoff. If the account is a revol line of credit, and has a zero balance, a written authorization can close the account or after 6mos of no activity the account will automatically close.
You can simply write to the credit card company and close your account. Then you can cut up your credit card.