546 - When to Cancel a Credit Card? 10 Dos and Don’ts to Follow

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 17 June 2020

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you've been thinking about canceling a credit card, it’s critical to understand how it will affect your entire financial life. Laura covers 10 dos and don’ts for when to cancel a credit card that will help you minimize credit damage and improve your finances. Read the transcript. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter for regular updates. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/money-finance/credit/cancel-credit-card https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	Hey everyone. Thanks for downloading another weekly episode of the Money Girl
0:09.7	Podcast. My name is Laura Adams. I'm a personal finance expert, author, speaker, and
0:16.2	consumer advocate. My mission is to give you the knowledge, resources, and
0:21.0	motivation to manage money the best way possible and create a richer life.
0:26.7	I hope you're doing okay and you're able to get outside and enjoy the summer weather wherever
0:31.8	you are.
0:33.0	Many people have told me that they've been listening to more audio
0:36.1	and listening to more podcasts during their runs and walks
0:40.0	during the pandemic.
0:41.7	If you're one of them, if you've really been enjoying the show,
0:45.0	I'd love it if you would take just a moment to rate and review it on Apple Podcasts.
0:50.8	Your ratings and reviews may not seem like much, but they really do help us
0:56.0	stay visible so new listeners can find the show and I can help them get the
1:00.8	inspiration and information they need right now.
1:04.4	So not only are you helping me and the Quick and Dirty Tips network,
1:08.2	but I think you're helping other people
1:10.4	by allowing them to find the show.
1:12.8	So I'll say thank you in advance for taking a moment to do that.
1:17.6	This week I'm pulling a show out of the archives for you about smart ways to manage your credit cards.
1:24.0	I've recently been asked a few times
1:26.6	about the consequences of cancelling cards.
1:30.0	So this is something that's obviously
	...

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