But if you’re considering this debt consolidation tool, it’s important to understand how it works — including what happens to your old credit card after the balance transfer takes place.

I have outstanding credit-card debt that I haven’t looked at in a couple of years. I can’t afford to pay it, so I feel like ...

Say you bought a $300 gadget on your credit card that you later ... claims they were contacted about a $70,000 credit on an old business credit card of theirs. They claim they tried to investigate ...

He was in his local bank on a different matter when he was told they had discovered an old business credit card account in his ... and possibly even damage your personal credit score.

Take care to destroy your old credit cards properly. For plastic cards, you can shred the card or cut it into small pieces to prevent anyone from viewing the card number and CVV. Metal cards are ...

I have other credit cards that I use regularly ... Dear Liz: I am a 57-year-old widow. My children are 23, 22, 20 and 17. When my youngest graduates next June, I will lose the last of our Social ...

Credit cards have an expiration date and if you attempt to use a card after it's expired, it’ll get declined. This also happens if you’ve received a new card in place of an old one and your ...

Commissions do not affect our editors' opinions or evaluations. Paying your credit card bill on time is crucial for good financial health. In fact, your history of making on-time payments to your ...

Our evaluations and opinions are not influenced by our advertising relationships, but we may earn a commission from our partners’ links. This content is created by TIME Stamped, under TIME’s ...

Once you’ve paid off your balance on the old card and your new one, consider keeping them open for the sake of your credit score (and any perks the card offers). Your credit score will improve ...

When you have a credit on one of your credit cards ... claims they were contacted about a $70,000 credit on an old business credit card of theirs. They claim they tried to investigate but were ...