How Do You Close A Credit Account?
Learning how to close a credit account is a fairly simple process. Getting a credit card company to actually cooperate may be harder … and they can be convincing enough that many give up and decide to keep their lines of credit open, just in case. But you don’t have to fall for the games. If debt freedom is your goal, or you simply want to close a credit account, you can do it. Pay off the credit card account and watch for two zero-balance statements from the credit card company to make sure you truly owe nothing more before you close the account. If you haven’t paid off the balance, it’s best not to close the account just yet — cut up the cards and stop using them, but wait until you have a zero balance to close it. Call the contact phone number listed on your most recent credit card bill or account statement. Have your credit card handy in case you are asked the last four digits for verification. Ask to speak to a representative. You may need to press the 0 button several times to
