Anonymous
Cabelas Account
Dan B
Yes, you still owe the balance; you must pay or face the consequences of a collection agency, further damage to your credit and possibility of a court order garnishing your wages.
StephenWeinstein
Yes
Jake
If you don't pay if off they may pass on the debt to an aggressive collection agency that may continue to add on interest charges and also damage your credit rating.
Jeff T
Yes.
You borrowed the money from them, you should repay it.
Closing it means they won't allow you to borrow any more, but doesn't change the fact that you still owe them for the old debt.