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Established Contributor
Posts: 912
Registered: ‎06-14-2012
0

I actually closed my 1st card today!

[ Edited ]

Thanks to finding these boards, over the last year I have been able to greatly improve my credit. I always thought I would be stuck with my High AF, Low limit cards, but that all changed over the Summer. I was able to open an American Express card, Chase Freedom, Barclays and a Walmart card. But for some reason I was still hanging on to my Re-builder cards that consisted of a Sears Solution Mastercard ( $59 AF, $450CL), an Orchard Bank Gold Card ($79 AF, $300CL) and a Capital One Platinum Mastercard ($39 AF, $300CL). I finally decided that its time to move on from the re-builders, so today I called to cancel the Sears Card. After 4 years of impeccable history with them, they offered to waive 50% of the $59 AF. wow... So I closed it and it felt REALLY GOOD! I honestly didn't think it would feel that good, but it did! It felt good to reap the benefits of my credit accomplishments over the last year. I started with a scores: EQ-597, EX-612, And TU- 605. Now IM at: EQ-698, EX- 752 and TU-733. Now that SSM is gone, Orchard will be next in December. The only reason IM not canceling Cap1 is bc they just CLI from $300 to $3,500.

 

That's 1 card down and 1 to go!



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
0

Re: I actually closed my 1st card today!

Congrats, it's a great feeling!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: I actually closed my 1st card today!

CONGRATS!! Are you planning on closing the rest of your annual fee cards?

 

Sears really didnt want to keep you as a customer. They would've at least offered to waive the entire fee.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: I actually closed my 1st card today!

Congrats lol nice credit handling on your current fico scores!
TU 746 (10/13)
GOAL: 750+






Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

Re: I actually closed my 1st card today!

Congrats

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