Avoid Credit Card Companies From Closing Your Account - PowerPoint PPT Presentation

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Avoid Credit Card Companies From Closing Your Account

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For those who choose to use their credit cards just in emergency cases they may be doing more harm than good. It’s because a credit card account may be closed due to INACTIVITY. More information here Looking for unsecured credit cards for bad credit? Apply here – PowerPoint PPT presentation

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Title: Avoid Credit Card Companies From Closing Your Account


1
AVOID CREDIT CARD COMPANIES TO CLOSE YOUR ACCOUNT
2
For those who choose to use their credit cards
just in emergency cases
3
they may be doing more harm than good
4
Its because a credit card account may be closed
due to INACTIVITY.
5
The issuer of your unsecured credit card has all
the legal rights
6
to close your credit account
7
How Your Credit Rating Is Affected by Shut Account
8
The most affected part of the credit score is the
CREDIT UTILIZATION.
9
When your account gets closed, the credit limit
is not considered part of your utilization
anymore.
10
FOR MORE INFORMATION READ
http//www.newhorizon.org/credit-info/prevent-cred
it-card-companies-closing-account/
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