I closed two accounts, I have excellent credit (745) and I made mistake of closing them (one was over 10 years old), neither with any balance. I am about to refinance my house and I want my score as high as possible. Is it worse to open those cards back up? One of them gives you 60 days to open it back up? But would that be worse?
2006-11-28 18:21:05 · 3 answers · asked by J-Con 3 in Business & Finance ➔ Personal Finance
One is Amex, the other Sears. Neither with any balance. My thinking was to tighten things up. Guess I should have researched it. I can't imagine that would drop my credit score that much.
2006-11-28 18:28:58 · update #1
I work at a loan office. You're credit rating alone has you covered. Beside, no balance is way better than an unpaid balance. As long as you have more cash flowing in than going out it's not that big of a deal. But if it couldn't hurt to re-open that one. You never know when you may need it. Good luck!
2006-11-28 18:32:55 · answer #1 · answered by Ashley 2 · 0⤊ 0⤋
it is so humorous. How could desire to every person be dumb sufficient to place up a picture of their mastercard on line. you may get in difficulty if the guy notices the expenses on the cardboard. you may desire to be charged with mastercard fraud and robbery. what sort of "time" you get could count on the mindset of the decide and in case you had any previous subject concerns on your information and the guidelines on your state. the owner of the cardboard could document the fake rates to the cardboard company. the cardboard company could look at. Amazon could supply them the call and handle that the programs shipped to, and that's how they'll locate you.
2016-12-29 15:48:38 · answer #2 · answered by mccloy 3 · 0⤊ 0⤋
You failed to mention if they were store accounts or major credit cards. No activity in any account seems bad in itself
2006-11-28 18:26:24 · answer #3 · answered by ? 5 · 0⤊ 0⤋