myFICO® Forums
Help
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 

How can I remove an account closed by the grantor from my credit report?

tag
Get Access Now
Dubious
Frequent Contributor
‎07-12-2013 09:29 PM
‎07-12-2013 09:29 PM

Re: How can I remove an account closed by the grantor from my credit report?

Nope, it is not calculated into scores. You did good by keeping up with your payments and now you still have a 5-year-old good account on your reports. 

Message 11 of 14
0 Kudos
redsoxguy676
Established Member
‎07-12-2013 09:43 PM
‎07-12-2013 09:43 PM

Re: How can I remove an account closed by the grantor from my credit report?

Alright guys thank you for clearing that up for me. It's been bothering me for a while. I'm glad you guys explained it and showed me it's alright!

Thanks again!
Message 12 of 14
0 Kudos
Shogun
Moderator Emeritus
‎07-12-2013 10:31 PM
‎07-12-2013 10:31 PM

Re: How can I remove an account closed by the grantor from my credit report?

      I agree, this is helping, not hurting you.  Just let it sit there and add to AAoA as long as it  wants to stay.

Starting Score: 504
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 13 of 14
0 Kudos
enharu
Super Contributor
‎07-12-2013 10:34 PM
‎07-12-2013 10:34 PM

Re: How can I remove an account closed by the grantor from my credit report?

Like others said, you are fine.

1 account closed by credit grantor really does zero harm. Many accounts closed by credit grantors on the other hand, will look very suspicious during a manual review (i.e. mortage app). Then again, it's still not the end of the world. You just have to come up with a convincing story.

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 14 of 14
0 Kudos
† Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.