Established Contributor
Posts: 802
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 ;(

100% Ficos: EX 773 , TU 772, EQ 771 Inquiries last 2 years/1 year/6 months: EX-0/0/0, TU-0/0/0, EQ-2/0/0~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $9500~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $19,400~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $3500~ Amazon Store $7000~ Fingerhut $1050