Reply
Senior Contributor
Posts: 4,268
Registered: ‎05-01-2008
0

Credit one...I closed acct-THEY post closed by grantor!!??

Will this have an impact on my score?  Seems I've read that it does not.  But that is still wrong, as I am the one who closed it!


Starting Score: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 02/2015 TU 709 - EQ 676 - EX 729
Goal Score: 850

Bury me in the garden...last app 12.19.14

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


BungalowMo wrote:
Will this have an impact on my score?  Seems I've read that it does not.  But that is still wrong, as I am the one who closed it!

No impact on scores.  It's meaningless since banks are closing accounts for any reasons.  

Senior Contributor
Posts: 4,268
Registered: ‎05-01-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


DI wrote:

BungalowMo wrote:
Will this have an impact on my score?  Seems I've read that it does not.  But that is still wrong, as I am the one who closed it!

No impact on scores.  It's meaningless since banks are closing accounts for any reasons.  


Thanks DI!!!  I guess they're just mad because they had me for nearly 5 years & as soon as they jacked my yearly fee I told them to BUZZ OFF! Nearly thesame day as I was approved for the 10k Nationwide!  Losing their $950 limit hurts....NOT!!!  :smileyvery-happy:



Starting Score: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 02/2015 TU 709 - EQ 676 - EX 729
Goal Score: 850

Bury me in the garden...last app 12.19.14

Established Contributor
Posts: 540
Registered: ‎06-07-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


BungalowMo wrote:
Will this have an impact on my score?  Seems I've read that it does not.  But that is still wrong, as I am the one who closed it!

IMO it will not affect the score based on who closed it but it may affect credit decisions under manual review. 

-void
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


voidman wrote:

BungalowMo wrote:
Will this have an impact on my score?  Seems I've read that it does not.  But that is still wrong, as I am the one who closed it!

IMO it will not affect the score based on who closed it but it may affect credit decisions under manual review. 


In this economy 'closed by grantor' is meaningless, since so many have received AA's for no apparent reasons. 

Valued Contributor
Posts: 2,708
Registered: ‎10-16-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


DI wrote: 

In this economy 'closed by grantor' is meaningless, since so many have received AA's for no apparent reasons. 


+1

 

 

Senior Contributor
Posts: 4,268
Registered: ‎05-01-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


Uborrow-Upay wrote:

DI wrote: 

In this economy 'closed by grantor' is meaningless, since so many have received AA's for no apparent reasons. 


+1

 


Even with a manual review, they will see this acct was in good standing & never late for nearly 5 years.  But they are still breaking the law by posting incorrect information, wouldn't you say??



Starting Score: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 02/2015 TU 709 - EQ 676 - EX 729
Goal Score: 850

Bury me in the garden...last app 12.19.14

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


BungalowMo wrote:

Uborrow-Upay wrote:

DI wrote: 

In this economy 'closed by grantor' is meaningless, since so many have received AA's for no apparent reasons. 


+1

 


Even with a manual review, they will see this acct was in good standing & never late for nearly 5 years.  But they are still breaking the law by posting incorrect information, wouldn't you say??


If you care to bother with the account anymore and have the time, you can get them to change it.  Personally, I wouldn't waste any time.  As long as your account says 'Paid or Pays As Agreed'  you are fine.  

Valued Contributor
Posts: 2,708
Registered: ‎10-16-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??

I really don't know, BungalowMo.  Because you closed that card yourself, they should report it to indicate that fact.  For practical purposes, though, your good history with this account is really what matters.

 

Why not just give them a call and have them correct it?  They'd probably do that, wouldn't they?  Or are they difficult to deal with? 

 

I don't have any experience with Credit One, except for attending the online memorial services for llecs' Credit One card.  LOL

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Credit one...I closed acct-THEY post closed by grantor!!??


Uborrow-Upay wrote:

I really don't know, BungalowMo.  Because you closed that card yourself, they should report it to indicate that fact.  For practical purposes, though, your good history with this account is really what matters.

 

Why not just give them a call and have them correct it?  They'd probably do that, wouldn't they?  Or are they difficult to deal with? 

 

I don't have any experience with Credit One, except for attending the online memorial services for llecs' Credit One card.  LOL


LOL That's funny!

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.