topic Re: Cancelled credit card accounts in Credit Cards

Cancelled credit card accounts

Deeyarht948 — Wed, 02 Jun 2021 04:16:10 GMT

I have about 6 credit cards that are cancelled renently. Just a question aside

from the obvious credit limit decrease do credit card companies care how many cancelled credit cards you have and will that affect your relationship with other credit cards that you currently have just a simple question I would like to find out thanks all

Re: Cancelled credit card accounts

FinStar — Wed, 02 Jun 2021 05:00:12 GMT

@Deeyarht948 wrote:
I have about 6 credit cards that are cancelled renently. Just a question aside
from the obvious credit limit decrease do credit card companies care how many cancelled credit cards you have and will that affect your relationship with other credit cards that you currently have just a simple question I would like to find out thanks all

It really depends. Were these involuntary closures by one specific lender or several lenders? And, were they closed within a specific timeframe?

Re: Cancelled credit card accounts

AverageJoesCredit — Wed, 02 Jun 2021 12:42:32 GMT

Mass closings at once might raise flags with other lenders when they sp your report.