Dear Mary: I have a credit card that has an annual fee of $150. The card has no balance on it, and I never will use it again. Should I close the account? How low would my FICO score go if I did close it? Right now, my score is more than 800. I still owe $40,000 in credit card debt, and I have $200,000 of available credit. I am working very hard to pay this debt off and do not want to run the risk of interest rate hikes on existing accounts. — Bella, Texas
Dear Bella: Close it. Im ...
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