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Closing a Store Card

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b_diddy
Established Contributor

Re: Closing a Store Card

I don't think so ... the reason TL's are being closed won't be obvious on your CR unless it's negative.  However, it might be something you'd be able to explain on recon or conversation with a mortgage lender.  For example, you might be able to explain closing TL's to get better terms, etc.

FICO Scores: EX 733 (1/17/15) EQ 761 (1/17/15) TU 750 (1/17/15)
     
      
Message 11 of 12
Anonymous
Not applicable

Re: Closing a Store Card


@b_diddy wrote:

I don't think so ... the reason TL's are being closed won't be obvious on your CR unless it's negative.  However, it might be something you'd be able to explain on recon or conversation with a mortgage lender.  For example, you might be able to explain closing TL's to get better terms, etc.


That was my initial line of thought too.

Message 12 of 12
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