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 the issuer and explain
C)inform the credit bureau in writing
D)call the credit bureau and explain
E)all of the above

Question

Quizplus · Accepted Answer

When canceling a credit card, it is important to inform the issuer in writing so that there is a record of the cancellation and to avoid any future charges. Cutting up the card is also recommended to prevent any unauthorized use. Informing the credit bureau is not necessary unless there are errors on the credit report related to the canceled card. Calling the issuer or credit bureau may be helpful but should not replace written notification. Therefore, the best choice is to inform the issuer in writing.

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