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ltmrivera

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I have a credit card that charges annual fee do I keep it
My Cap 1 card charges a annual fee of $50.00 but I haven't used it in numerous years. My credit line is $4500. Should I continue to pay fee or just close account.

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It depends on how long you had it for?

If the Cap One card is your longest standing credit card it could hurt your score by closing it since that history will be gone. Some people keep those cards to keep their score higher. It depends if you have other credit cards and just don't want to use this one anymore. All depends on you though. 

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