Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010

Re: Is it Better to Close or Let Close?

I don't think it makes any difference who closes the account.

Mega Contributor
Posts: 15,436
Registered: ‎04-09-2011

Re: Is it Better to Close or Let Close?

IMO you closing the card as opposed to the lender closing it for inactivity looks better because if im the new lender your apping for im curious as to why your apping for accounts and not using them.

Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 726
Registered: ‎05-12-2012

Re: Is it Better to Close or Let Close?

Well I just got off the phone.... I cancelled my Buckle card via their automated phone service. I also sent a message via their online account system asking them to report the closure to all three credit bureaus. I'm hoping this was the right thing to do. I wasn't using the account and thought removing it may help prevent any of my new creditors from getting spooked. Was it the right decision?

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