Get out your scissors (or tin snips if you have a metal card) and cut it up. You should also update your records with the cancellation date. This is important because many cards have fine print ...

ozgurdonmaz / Getty Images You may want to cancel a credit card to cut back on your spending or to stop paying the associated fees. Before you cancel, consider how ditching that credit card could ...

Call your credit card company and request a rate reduction. Even a small rate cut can save you money and help you pay off debt faster. Getting out of credit card debt takes discipline, but it's ...