I want to close my first and only credit card. It’s high interest because it’s the only one I qualified for when I started trying to build credit. I’m not able to pay it in full every month, that would be $200. I pay the minimum of $25 instead. I don’t know how much interest I have accrued. Mom told me that closing any credit card will temporarily hurt your credit. I really don’t want my credit to drop, considering I just got it over 700! I would probably cry lol. I read on the internet that instead of closing it, to just leave it open and not use it. That doesn’t work for my situation. This card uses the money that I myself pay into it. It started out with MY $200, the money was not already there, yet I still have to pay it off every month which I do not quite understand. Capital One never GAVE me money. This is not a card that came with money on it. I don’t want to hurt my credit but I also don’t want to keep accruing interest on my own flippin’ money! I don’t know what to do about this and I feel a little backed into a corner. I don’t know who to ask about it. I tried to explain to mom and even she was a little confused about some aspects of the card. I don’t really want to contact Capital One’s customer service, because last time, the person I spoke to had an accent that I could not understand. That irritates me so much because how am I supposed to communicate with them? I can’t get my points across. This is driving me nuts and really bothering me. There’s got to be some way out of that without hurting my credit. Maybe Capital One would be willing to lower my interest since I have good credit?
I don’t know about this adulting shit sometimes 😅 It’s fricken weird.