How to Write a Cancellation Letter to Charge Accounts

Cutting up your credit cards doesn't close your account. When cancelling a charge account or credit card account, send your request in writing. It will be noted by the credit bureau that the account was closed by request of the customer, which is more favorable than being cancelled by the lender. Cancelling your account doesn't eliminate financial obligation; you're still financially responsible for any balance due.

Instructions

1

Contact the lender for the appropriate address to send your letter to ensure your request is processed properly. The lender may have a specific department that specializes in cancellations. Cancellation requests should be mailed rather than sent via fax or email.

2

Address the letter to the lender. You may address it "To Whom It May Concern" or to a specific person at the institution. Include your name, address and date in the header of the letter. Reference your account number.

3

State that you're cancelling your account effective immediately and are no longer authorizing any charges or activity to this account. Be clear and direct. Ask for confirmation that your account has been closed be sent to you within 30 days of the date of your letter.

4

Type your letter, but sign it by hand. Make a copy of the letter for your files before mailing it.