Mike
Radford,#2Consumer Suggestion
Sat, August 30, 2003
Thus there will be no bill. Don't tempt them to send you one. Check your credit reports and make sure they aren't listing any accounts on them. With a credit card, there's no such thing as a "final bill". Since interest accumulates daily, the exact amount you owe depends on exactly when you pay. To close out a credit card, first tell the company to "close the account". Then send enough extra money so that you're sure the balance will be less than zero even after interest and other charges. When they figure the final balance, ask for a refund of the excess.