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pay the balance,if any,and cut that bad boy up
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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.
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Sample letter to close credit card 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.
If you close a credit card can a merchant still charge the account?
No, if you close your credit card, a merchant will not be able to charge the account. When the merchant attempts to get an authorization, it will come back declined.Now, if a merchant received an authorization before the card account was closed, the authorization will be honored.A merchant may attempt to force a credit card transaction without an authorization, but the credit card company will not pay it.http://paymenttransactionsystems.comhttp://merchantpos.net
How do I remove myself as an authorized user on a credit card?
Contact the credit card company. Usually they will close that account completely and move to a new card for the remaining member.
Does amazon really delete your credit card info after you close delete your 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.
When you close an amazon account does your credit card info get closed aswell or dods the company keep all of this info?
When your Amazon account is closed, the credit card info that is associated with the account will not be kept by the company and will be deleted also.
If you close a credit card will it hurt your credit?
It will not affect your credit if you pay off the balance when you close the account.
Sample letter to close credit card 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.
What is the procedure to Surrender a credit card?
You can simply write to the credit card company and close your account. Then you can cut up your credit card.
Can you close your credit card account and continue to make payments?
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
Can a bank close your account after bankruptcy if you never bounced checks and have no line of credit with them?
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.
If you close a credit card can a merchant still charge the account?
No, if you close your credit card, a merchant will not be able to charge the account. When the merchant attempts to get an authorization, it will come back declined.Now, if a merchant received an authorization before the card account was closed, the authorization will be honored.A merchant may attempt to force a credit card transaction without an authorization, but the credit card company will not pay it.http://paymenttransactionsystems.comhttp://merchantpos.net
Will credit card company close your account once you pay off your balance?
no
Can you be removed as a joint account holder when you have not placed any debt on credit card?
No you must close the account.
Can a surviving spouse use her deceased husbands credit card?
Only if she is also on the account. If not, then absolutely not. You can get yourself in a heap of trouble by using the credit card of a deceased person. You must notify the credit card company of the death and close that account.
How do I remove myself as an authorized user on a credit card?
Contact the credit card company. Usually they will close that account completely and move to a new card for the remaining member.
Does amazon really delete your credit card info after you close delete your 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.
Does cancelling a credit card affect your credit score?
Yes, canceling a credit card always reduces your credit score. It never improves your credit score if you cancel a credit card account. If you have had the card for more than 2 years, or if you have a substantial amount of available credit at the time that you close the account, then the reduction in your credit score is even greater. However, if it makes sense to you to close the card, and you do not plan large purchases in the near future, your credit will recover without your feeling the difference.
