Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
The author above answered this pretty thoroughly.
If you want to cancel a credit card with a balance on it out of the blue for no reason, that's not something that can be done on your own. Though, if the APR is changed on you for no fault of your own, then you can use that opportunity to opt out, close the card and continue paying under the old terms.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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