credit card payment made for 12 years give me a way to close the card?

5 Comment(s)

1. first u will have to pay all the dues remaining by using that card with interest or so if paid late and once its done totally then u can write an application to the bank that u want to surrender this credit card as u no longer need it in duplicate so that one copy u can have with u for u r record to show them that u have surrendered it and then it will be ok.But u can not run away just by surrendering it u will have to clear all the dues before surrendering it

   MR,INDIA | Jul 14, 2009 | Reply

2. First of all Dont close the account because thats bad for your credit, just cut the card up and dont use it…somehow I dont understand your question.. even if you close it out, cut it up . you are still responsible for the payments. Just because you have paid on it for 12 yrs doesnt give you the right to stop paying… You made the purchases so you owe…. I can tell you now only paying min balances wont get you anywhere…. You are paying interest first and balance later and it will just keep going up… Suggest you make larger payments and or get help in refinancing

   Booger | Jul 16, 2009 | Reply

3. it would sugget surrender the card if the bank people act to smart

   call them and complaint that card is stolen

   then they will try to re issue and plz don’t collect the envolop
   (new card ) send it back to the bank

   jml | Jul 18, 2009 | Reply

4. There is no absolutely answer for your question.However,explorer the information here will give you some ideas.HOpe it helps.http://creditcard.expertips.info/debt-reduction-credit-card-consolidation.html

   DOUGLAS K | Jul 19, 2009 | Reply

5. Closing the account would only hurt you, try to get another one, so that you can distribute the debt, try not to pay minimum, since you have seen that by doing that it wont help you at all. best wishes.

   bettercreditcontrol | Jul 20, 2009 | Reply

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