Established Contributor
Posts: 803
Registered: ‎05-16-2012
Re: GE Closed all Accounts (waiting on a letter)

That stinks. GE reports new accounts within days so sounds like you will take a dive in score for new accounts and lower AAOA and it will likely show closed by grantor. I guess wait for the letter and worst case I would ask the tradelines be deleted at least. You also take a hit on inquiries. You cannot do anything until you receive the letter but it does not sound pretty.

 

 

I always hear about people applying for a bunch of GE accounts at once but I have always been too scared it would raise flags. I had my Amazon over a year before I applied for my second GE account. I am wimpy!!

 

 Good luck ;(

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