When canceling a credit card,you should cut up the card and _____ that you are canceling your account.
A)inform the issuer in writing
B)call and inform the issuer
C)inform the credit bureau in writing
D)call and inform the credit bureau
E)inform the future lender in writing

Question

Quizplus · Accepted Answer

When canceling a credit card, it is important to inform the issuer in writing that you are canceling your account. This ensures that there is a documented record of your cancellation request and helps protect you from any unauthorized charges that may occur after your account is closed. Simply cutting up the card is not enough; you must also officially close your account with the issuer in order to avoid any future financial liability.

When Canceling a Credit Card,you Should Cut Up the Card