Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

How can a company charge a closed credit card?
Wow, I had never heard of this before but I looked into it a bit and Mikey was spot on. It seems that if you don't pay attention to the fine print when making credit card purchases (as most of us tend to skip) many companies have stipulations that allow continued charges if they are recurring fees (monthly, yearly, etc.) even after you have cancelled the card.