topic Re: when does a account become inactive/unused? in General Credit Topics

when does a account become inactive/unused?

Anonymous — Sat, 14 Jul 2007 21:18:09 GMT

I'm learning to play the credit game quite well,I have a cap 1 card I'm paying off , I won't have much use for it, once I pay it down I shouldn't have a problem getting a rate better than 8.9% I have on the card. my high balance is 97% of CL and is my oldest open CC. So I was wondering how it takes for account to be reported inactive/unused so I can just charge something every so often to keep it active.

Re: when does a account become inactive/unused?

fused — Sat, 14 Jul 2007 21:23:24 GMT

rbbyrbsn wrote:
I'm learning to play the credit game quite well,I have a cap 1 card I'm paying off , I won't have much use for it, once I pay it down I shouldn't have a problem getting a rate better than 8.9% I have on the card. my high balance is 97% of CL and is my oldest open CC. So I was wondering how it takes for account to be reported inactive/unused so I can just charge something every so often to keep it active.

This is a real unknown. Some CCCs might close an account with no activity after 4 months, some 6, others 9 or 12, and some just do not care and will keep your account open indefinitely.

Re: when does a account become inactive/unused?

Anonymous — Sat, 14 Jul 2007 21:35:25 GMT

I have had an account with Cap1 for 7 years. They stop charging yearly charge several years ago but still show it as open. It is open on my CR also. I called & asked for a card 2 times in 6 mo. the last time was 2 weeks ago. If I do not get a card by next week, I will write a letter telling them to issue a new card or close my account. I have a $0 balance.

Re: when does a account become inactive/unused?

CreditBob — Sat, 14 Jul 2007 21:36:51 GMT

Use each of your credit cards once evry six months. I did ask my bank that question last eyar. they told em for them it's 2 years but visa will report the account being inactive around 1 year. I think using credit cards once evry six motnhs will beat the credit game. For department store and gas station cards I do not know. That would eb great if soemoen had the answer on those

Re: when does a account become inactive/unused?

Anonymous — Sat, 14 Jul 2007 21:46:02 GMT

Have a PCRichard card have not used since 2003 and still reports current, pays as agreed

and account still open, does not state inactive anywere

Re: when does a account become inactive/unused?

Anonymous — Sat, 14 Jul 2007 22:44:03 GMT

Every lender is different. Use the card every 3-6 months and you should be safe.