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How to cancel a credit card the right way (and when to downgrade instead)

· aol.com · popularity 15/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

Canceling a credit card is sometimes the right move. But the thing most people believe about it is wrong — and the belief hides both the real risk and a better alternative that often keeps the account alive without the annual fee. Here is how to think it through, and how to close the account …

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