Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
Steven155

1 Contribution
5 People Helped
Closed Credit card shows as open. What should I do?
I have a Chase CC that was closed in 2007 and shows open with a $0 balance but $3500.00 credit limit. Should I get the error fixed, or leave it alone? My Credit Karma score is in the low excellent range and I want to keep it in the excellent range.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-8 of 8Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
1 Contribution
20 People Helped
Most Helpful Response

too many closed CC's?

Helpful to 20 out of 23 people

I have 7 closed credit cards that seem to be hurting my credit score, is there anything I can do about this? A few of them have been closed for 8 to10 yrs and it's still there. 

jennifer

3 Contributions
5 People Helped

Credit Cards

Helpful to 5 out of 7 people

I am NOT the one on these credit cards or applications!

I was to be on there only to make payments as my mother couldn't drive.

I am very serious, none of these charges are mine!!

Top Contributor

Reply by
faidros

935 Contributions
132 People Helped

Being on your mothers accounts to make payments as she couldn't drive is called authorized user.   Any credit card in which you are an authorized user will appear on your credit report.  If they are hurting your credit, have them remove you.  You can write a check without being an authorized user.

2 Contributions
2 People Helped

Helpful to 2 out of 2 people

it seems like it is helping your Credit,   3500.00 avail  with a zero balance.....   WHAT!!!!!!

Top Contributor
110 Contributions
796 People Helped

Helpful to 3 out of 5 people

Leave it ALONE!  It's helping you more than you know!  :0)

Consider yourself lucky & one day they will eventually notice the error & report as closed.  Then it will remain on your reports for another (approx) 10 years or more.

Reply by
Steven155

1 Contribution
5 People Helped
Helpful to 5 out of 9 people

Enter Your ReplyThanks BungalowMo. That was my thinging but I also read leaving an unsed account open for a long period would have a negitive effect on my score. Right now my TU score is over 800 and I'd like to keep it that way.

3 Contributions
5 People Helped

This credit card was in my mother's name, Doris I Surface.  I was only on there so I could pay bills.  I'm in no way responsible for this account!!

1 Contribution
0 People Helped

Helpful to 0 out of 1 people

This card is closed with no balance and has been for years

2 Contributions
2 People Helped

Helpful to 0 out of 1 people

undefined

1 Contribution
0 People Helped

Bri

Helpful to 0 out of 1 people

Do not take it off your credit report because it shows your age of having the card and the amount of cards in good standing even though it closed it could drop you score.

Results 1-8 of 8Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.