08-09-2013 09:01 AM
08-09-2013 09:03 AM
When is the best time to close a secured card? My secured card with cap1 is 351 w/ 35 Af, should I close it now or just keep it and keep using it. Although my credit is new I am having a second thought. Any advice?
Amex TE- 4500
What are you doing out of the garden...Lol joking
Wait until your 3X CLI is complete and then make your choice but either way your not losing much UTL wise. How old is the card?
08-09-2013 09:27 AM
Geee not that old 10 months old. Hehehehe.... don't worry myjourney I'm not doing anything silly!
So the AF is coming up?
Shut it down then you're in great shape with great cards now and as for the highlighted area....good Lol
08-09-2013 09:31 AM
08-09-2013 09:36 AM
Yes AF is coming up I don't mind the AF, its just the thought of if I keep it for many years then suddenly shut down then I lost long history. I'm still waiting for 3xCLI. Heheheheh
Since all your accounts are new your not losing anything but maybe a few months of AAoA
And the positive TL will still report for 10 years so if your going to do it now is the best time IMO
08-09-2013 09:54 AM
Okie dokie myjourney. Thanks! See yah in the garden
Don't forget the party tonight
08-09-2013 10:12 AM
You've got some pretty nice cards to take its place now. It may be time to cut the cord.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.