Money Girl

What To Know Before You Cancel a Credit Card

Episode Summary

Instead of jeopardizing your financial life, understand how to use cards wisely and close them strategically.

Episode Notes

Listener Kaitlyn asks: How will canceling a credit card affect my credit scores? Money Girl Laura Adams explains what you need to consider before closing an account, how to minimize hits to your credit, and tips for canceling cards strategically.

Money Girl is hosted by Laura Adams. A transcript is available at Quick and Dirty Tips.

Have a money question? Send an email to or leave a voicemail at 302-365-0308.

Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.

Money Girl is a part of Quick and Dirty Tips.