I am about 2 and 1/2 years post bankruptcy ch.7. I have a secured card with a Cap 1 since July 2013 with a 1250 CL and UTL. Since then, I have added two other non secured Cap 1 cards. Sony card with 2,300 CL and QS1 with 1,1750 CL both at 25% UTL. I also have a Merrick Bank with 600 CL (about to step up to 1250) 20% UTL, A Wal Mart card 600 CL 10% UTL, and a 850 remaining on a unsecured bank loan. My question is, I am throwing around the idea of closing my secured card and getting the $850 back to pay down my other cards. I'm just worried about taking a hit loosing my oldest account and decreasing my overall CL. Any advice on what to do?
CareCredit: $7,000; Overstock: $5,750; Cap 1 Quicksilver WMC: $5,250; Mercury Card (formally Barclays): $5,250; Wayfair: $5,000; Discover IT: $3,700; Amazon Store: $3,500; Cap 1 WalMart: $3,500; Conn's: $3,500; Citi AA MileUp: $2,800; NewEgg: $2,800; Credit One: $2,150; Citi Best Buy Visa: $2,000; CarCare: $2,000; Merrick Bank: $2,000; EBates Visa: $1,500; American Express: $1,000; Belk: $1,000; Old Navy: $1,000; Citi Diamond: $200
Current Scores:
Experian: 675(1-22-20) Equifax: 677 (7-15-19) TransUnion: 660 (7-15-19)
Current Utilization: 34%
Ch.13 filed 12/20/12.
