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 Scores
Profile Image

Question By
Samsam120809

1 Contribution
0 People Helped
poor credit history
I just realized the first credit card I ever had from 1993 has dropped off my credit report due to no use in 7 years. I didn't have another credit card after that until 2006 so my credit history is giving me a grade of D. Would it be a good idea to have the company send me a new card and use it so my credit history will be much longer? The account is inactive not closed so I'm thinking if I use the card it will add 13 years to my history and raise my credir score, is that correct?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
33 Contributions
17 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

You will have to ask them if it's truly inactive or if it's closed.  If they did close it, opening another one would basically act as if it were a brand new one, making your aging even newer/worse.  If it is inactive, I would see if you can reactivate and use it as soon as possible.  Maybe use it once or twice a year and pay in full so that it remains active.  But definitely clarify with them if it is still "inactive" or closed.  Most companies will close them, not just inactivate them after that length of time of no use.

1 Contribution
0 People Helped

Thank you

The company confirmed it was inactive (not closed)and mailed me a new card without going through a credit process. I am hoping once I use it my score will increase!

Results 1-2 of 2Results 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.