No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
So using the SCT I obtained a Victoria's Secret Card. $350 is by far my smallest account. But now that my student loans have finished rehabbing and the new scores are coming in I want to apply for a Chase Card. With the 5/24 rule I would be denied since the VC would have been my 6th. I have never used the card and it is only 1 month old. Is it possible to cancel the card and have the TL removed? I know positive accounts tend to linger for 10 years. But being so early Im hoping someone has some knowledge that could help me.
Lenders are obligated by law to remove/correct accounts from reports only when it is reported incorrectly. You might want to contact them and explain your situation but what they do is at their discretion.
You would have to attempt a GW removal of the TL once you closed it. It's not unheard of, but it's not typically done.