Posts Tagged ‘Warning’


Can Credit Card Companies Close Your Accounts Without Warning? How Does It Affect Your Credit Score?

Saturday, July 11th, 2009

A Reader Asks…

I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is there anything I can even do?)
Also, I know that closing credit card accounts lowers your credit …


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