Debt Consolidation

How do I close empty credit card accounts?

I have recently checked my credit report and I realized I had several credit card accounts which were unused for several years running with a zero balance for some time.

I would like to close them to resolve my accounts and improve my overall credit.

I have to admit that some of the credit companies are quite odd (not cititbank or MBNA) but smaller credit houses from obscure stores I once purchased something to earn the 10% off etc.

How do I go about contacting the credit card companies to close these empty accounts?

Tags: credit card accounts, credit card companies, credit report, zero balance

How do I close empty credit card accounts?

I have recently checked my credit report and I realized I had several credit card accounts which were unused for several years running with a zero balance for some time.

I would like to close them to resolve my accounts and improve my overall credit.

I have to admit that some of the credit companies are quite odd (not cititbank or MBNA) but smaller credit houses from obscure stores I once purchased something to earn the 10% off etc.

How do I go about contacting the credit card companies to close these empty accounts?

Tags: credit card accounts, credit card companies, credit report, zero balance

Can credit card companies close your accounts without warning? How does it affect your credit score?

I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is there anything I can even do?)

Also, I know that closing credit card accounts lowers your credit score. Does anyone know how much mine will be affected?

Tags: credit card account, credit card accounts, credit score, inactivity, letter in the mail, rewards

How does someone build credit without a credit card?

I am thinking of those who do not have a credit card and pay for everything by check and cash. How is their credit rated? Is it based on a loan for example (car, student, etc.) and what if it is their first time applying for such a loan? How is their credit history looked at then? What if someone is applying for an apartment rental and does now own a credit card?

I have always wondered this.

Also, some people, after having paid off their debt, switch to using cash or check only, but apparently no activity at all on your credit card accounts isn’t good either.

Any input?

Tags: apartment rental, credit card accounts, credit history