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Article: What to do when your credit-card company won't let go.(Knight Ridder Newspapers)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- March 3, 2003
- Author:
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jeff Brown
Q. I have been struggling to get rid of a credit card I don't need. I have e-mailed, written letters and phoned, but I keep getting statements showing I still have an account. What is the correct way to cancel a credit card?
A. You'd think the card company would be happy to cancel an inactive account. After all, the company is not making any money on it, and it costs something to compile and mail those statements.
Why is it sometimes so hard to get rid of a card? There could be any number of reasons. Maybe they hope you'll relent and start using the card again. Perhaps the card company needs to keep its roster of account ...