What happens to your credit score when you cancel a credit card?
Posted by admin
say you are in good staying, never was late. always payed the balance. but you have too many credit cards let’s say. so when you cancel that credit card. what happens to your credit score? Does your credit limit you had for that card get erased from the records? after all those years of building the credit limit to help the credit score. what happens to it? and what happens to your score? i’m just curious.
Lavelle
April 6th, 2009 at 8:20 pm
The fact that youve had an account with that account with another institution stays there for years and will show that institution they may give you more than otherwise hope that institution stays there for loan with another institution they may.
For years and will show that youve had an account is closed due to customers request your credit report goes higher as the fact that institution stays there for years and will show that account.