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How to Cancel a Credit Card Without Hurting Your Credit Score

Michael V. Fina VP, Institutional Banking
Regional Sales & Relationship Executive,
LendingClub Bank

New York, NY There are many reasons you may want to close a credit card. Maybe you want to simplify your personal finances. Or, perhaps you want to avoid an upcoming annual fee on a card you no longer use. Maybe you simply wish to reduce the temptation to spend by having one less card in your wallet.

But does cancelling a credit card hurt your credit? It certainly can, so it’s important to understand the consequences and how you can navigate the process. Click here to learn more.

Send questions to Michael Fina at mfina@lendingclub.com.

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