Blew my lid!!!

[CREDIT4BIZ]

I have or had a First Premier CC w/ $325 limit and a $50 AF. So I called to request a cli or af waiver or something. Long story short I got Pi$$ed of and cancelled because they refused. Will it cause any trouble with my scores.

[shyboy]

It might hurt little.

[Anonymous]

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CREDIT4BIZ wrote:

I have or had a First Premier CC w/ $325 limit and a $50 AF. So I called to request a cli or af waiver or something. Long story short I got Pi$$ed of and cancelled because they refused. Will it cause any trouble with my scores.

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The CL will be removed from your utilization calculation as soon as it is marked closed.  Besides that, it won't hurt at all in the short term.  It will stay on your reports for another 10 years, during which time it will continue to contribute to average age and payment history.  It may hurt a bit when it finally falls off ten years from now, due to the effect of shortening your average age when it falls off at that time.

[Anonymous]

It may hurt if it negatively affects your utilization (not sure how much the missing $325 will affect your utilization).  It may also hurt waaay down the road when it ages of your report.  Having said that, I still think you're better off without FP.  Good for you!

[Anonymous]

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cheddar wrote:

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CREDIT4BIZ wrote:

I have or had a First Premier CC w/ $325 limit and a $50 AF. So I called to request a cli or af waiver or something. Long story short I got Pi$$ed of and cancelled because they refused. Will it cause any trouble with my scores.

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The CL will be removed from your utilization calculation as soon as it is marked closed.  Besides that, it won't hurt at all in the short term.  It will stay on your reports for another 10 years, during which time it will continue to contribute to average age and payment history.  It may hurt a bit when it finally falls off ten years from now, due to the effect of shortening your average age when it falls off at that time.

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Dang, cheddar.  You type too fast!  You beat me to da punch!