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reopening credit card with a balance

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Anonymous
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reopening credit card with a balance

I have been offered the chance to reopen a credit card, on which I am still making payments, with a credit limit higher than the balance.  I am hoping to gauge the impact of this action on my FICO.
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Anonymous
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Re: reopening credit card with a balance

It will help you FICO
The closed account is affecting your UTL- might as well make it work for you.

sail_now wrote:
I have been offered the chance to reopen a credit card, on which I am still making payments, with a credit limit higher than the balance.  I am hoping to gauge the impact of this action on my FICO.



Message 2 of 2
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