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Question By
buddapest

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remarks on account
"Closed by credit grantor" is listed on an old account. Is this derogatory to my credit? Account was closed by credit grantor but only because they went bankrupt, not due to my negligence. (Radio Shack)

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That has no negative impact on your credit, so don't worry about it.

Top Contributor
5038 Contributions
1134 People Helped

Let me add, don't try to remove it either as doing so would most likely cause damage to your credit. You never want to remove accounts that were closed in good standing.

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