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Credit Report News

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 Friday, October 08, 2004
How to close a credit card account (without damaging your credit report) How do you close a credit card account?

When you cancel a credit card, write a letter requesting that the card company close your account and that your credit report state "closed by consumer." By law, the credit-card issuer must honor your request. They will close your account, cancel your privileges and continue to send your monthly statements until you pay off your balance.
1:36:45 PM    

 
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