07-31-2012 06:37 PM
I obtained a Kay Jewlers account solely so I could have a revolving account with a decent limit on it reporting. I was given a $1,000 limit. But, I do not really want to buy anything from them. How should I treat this account so that it will stay open, report, and perhaps even be given CLIs?
07-31-2012 07:38 PM
They are prone to closing accounts for inactivity so I suggest you atleast purchase every few months even if it's just a small $20 customer appreciation event item.
07-31-2012 09:46 PM
do you know which cra they pulled? whats the apr you were offered? Like jordan mentioned they will close it if there is no activity
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO