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HSBC and Bank of America closed me for too many recent accounts.
@corymcd88 wrote:Do banks close your credit card if they see too many new accounts? To many INQ's. If so witch ones?
The credit grantor can close your account at any time if they see something they don't like... like a collection, or if you stop paying a loan... etc.
@webhopper wrote:
@corymcd88 wrote:Do banks close your credit card if they see too many new accounts? To many INQ's. If so witch ones?
The credit grantor can close your account at any time if they see something they don't like... like a collection, or if you stop paying a loan... etc.
This is a biggie, always good to act fast when a new CA hits your reports.
Any creditor can decrease your limit or close your account any time if they see something negative.
Ron.