Category Archives: Debt

How to Securely Cancel a Credit Card

How to Securely Cancel a Credit Card

Do you want to cancel your credit card? Afraid it will affect your credit score? In this post, I have shared a few ways to securely cancel your credit card.

The decision to cancel a credit card is always welcomed by financial advisors. Most often, people cancel their credit cards either because they have too many of them(and want to cut expenses on annual fees, etc) or their debt is getting out of control.

Canceling your credit card does help you put an end to your relentless spending. But it can also affect your credit score if you cancel it before repaying the borrowed money using the same card.

Moreover, you might also have to pay off your debt with a higher interest rate. So, it is recommended to clear all your debt first and then contact your credit card company for cancellation of service.

What are the ways to securely cancel a credit card?

1. Call the customer care representative

This is the easiest and quickest ways to cancel your credit card. Most credit cards Continue Reading

The 5 Best Credit Cards of 2019

The 5 Best Credit Cards of 2019

Are you finally ready to get a credit card? If you feel confident about paying off your credit card bills on time, getting a new credit card in 2019 can be a fantastic deal. You can buy the things you always wanted, travel to exotic destinations and get rewarded in points/miles for doing so. Keep… Continue Reading

Benefits of Debt Settlement Besides Settling Debt

Benefits of Debt Settlement Besides Settling Debt

The goal of any debt-relief strategy is ultimately to eliminate debt. While the circumstances of one’s debt make some options better suited than others, it’s paramount for any plan to offer more advantages than merely a financial resolution. Living a financially secure existence is only possible when we have a foundation for healthy behavior, which… Continue Reading