9 People Helped
Member Since: May 2011
"I have a paid off closed account that shows as open with no activity since 2007 which is a ding on my credit. Is it better to have it taken off report or let it continue to show as open but not used?"
bpoland58's response was:
I got a card with Capital One this year and had 3 charge offs with them due to a very bad car accident in 2008. 0% initial rate, 500 limit raised to 750 after 5 months. Current rate is high at 22.
bpoland58's reply was:
That will depend on whether or not you have any other derogatory marks or not
I beleive Quizzle gives the Equifax score. Now CK is offerring that as well for free.
The only difference I am not using a HELOC to pay off credit cards and my score sttill falls 6 points. The simulator seems to go the opposite direction of what's expected no matter what I change.
Your response was not only not helpful but was insulting. My question was not from the standpoint of expense but from the standpoint of helping credit score... DUH!!!!
"I have a paid off closed credit card account from Dell that shows as open with no activity since 2007 which is a ding on my credit. Is it better to have it taken off report or let it continue to show as open but not used?"