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  2. I received a store card I didn’t apply for. Should I cancel it?

    www.aol.com/finance/received-store-card-didn-t...

    Here are some general steps that can help: 1. Cancel the card. For starters, call up the issuer and ask to have your credit card canceled. If you’re not sure who the issuer is for the credit ...

  3. I’m a financial expert: Here are my 4 top tips for paying off ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    3. Pay off one balance at a time. If you’ve read other articles about how to pay off credit card debt, you’re probably already familiar with the snowball method and avalanche method. These two ...

  4. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    3. Transfer the balance to the new credit card. While each credit card issuer’s balance transfer process is slightly different, it’s usually a simple process you can likely complete in a few ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  6. What to know before closing a credit card with a balance - AOL

    www.aol.com/finance/know-closing-credit-card...

    While a credit card account that’s closed in good standing can stay on your credit reports for 10 years and help your credit score as a result, closed accounts with late payments or other ...

  7. Credit card balance transfer - Wikipedia

    en.wikipedia.org/wiki/Credit_card_balance_transfer

    A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

  8. Stored-value card - Wikipedia

    en.wikipedia.org/wiki/Stored-value_card

    A stored-value card ( SVC) or cash card is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card.

  9. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company will charge a late-payment penalty and report the ...

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