Closing Credit Cards? Be Vigilant

One should be cautious in using credit card as already discussed in my previous blog.  But some things are also to be considered while closing your credit cards. Few things which need to be kept in mind while cancelling the credit card are:

The bank will not cancel your card unless you have paid all the dues. These dues include interest, fees and charges on the card along with the expenses incurred by you on card.
Many customers feel that some card charges are unfair and proceed to cancel the card without paying these. But the bank will not cancel the card unless […] Read more