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Question By
ailema10

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0 People Helped
HSN sent credit card after ourcase do not plan on using what can be done?

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Top Contributor
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Just lock it up someplace safe and keep it.  Someday you may find out that it was cancelled by the company but don't YOU be the one to cancel, since that hurts your credit.

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Reply by
wylloughbye1

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45 People Helped

But check before locking it up to see if there is any sort of Annual Fee. If there is, that may affect your decision on whether to keep it or not. I agree though, that you should keep it as an open line of Credit if you can, and if it doesn;t cost you anything. The amount of the line will increase your "Available Credit" and improve your Debt to Credit Ratio. 

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