Image source: Getty Images You paid off your balance. You called the issuer. You got confirmation in writing. By every standard definition, you closed your credit card responsibly -- and yet, years ...

Somewhere along the way, a rumor started that closing an old credit card was basically financial self-sabotage. I hear it constantly. Here's what I know after reviewing credit cards for a living: the ...

Does Closing a Credit Card Hurt Your Credit Score? Closing a credit card can impact your credit score in several ways. One of the most immediate effects is on your credit utilization ratio, which is ...