© 2025 WFAE

Mailing Address:
WFAE 90.7
P.O. Box 896890
Charlotte, NC 28289-6890
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
WFAE's HD signals are impaired. Learn more.

Closing some credit accounts not bad idea

http://66.225.205.104/SG20100224.mp3

If you have one - or several - credit cards you haven't used in a while, you may want to listen up. New rules took effect this week that have prompted many companies to add fees and increase interest rates. So, you may have already considered closing some accounts. Doug Hammond, Outreach Programs Director at Alliance Credit Counseling in Charlotte says that's not a bad idea. He also advises consumers to go back and identify their old credit cards.