topic Re: CC Reporting open but not..... in Rebuilding Your Credit

CC Reporting open but not.....

800goal800 — Sun, 20 Aug 2017 14:23:01 GMT

I have an old cap 1 card with a $29k credit line and no balance. At some point it was closed ( not by me ) but still reports monthly as open, zero balance etc. I get a statement once a year. I periodically call asking for a card and am told that it's open but something like no new charges allowed. Certainly helps me but just curious if anyone else has seen or heard of this ?

Re: CC Reporting open but not.....

medicgrrl — Sun, 20 Aug 2017 17:57:58 GMT

Sounds like a restricted account. I would ask them what you need to do to lift the restriction.

Re: CC Reporting open but not.....

800goal800 — Sun, 20 Aug 2017 18:00:53 GMT

But don't I run the risk of them closing ? I then lose an ' open ' card with a high cl ?

Re: CC Reporting open but not.....

medicgrrl — Sun, 20 Aug 2017 18:09:11 GMT

Either way you run the risk of them closing the account. I would at least find out what the requirements are to lift it.

Re: CC Reporting open but not.....

800goal800 — Sun, 20 Aug 2017 21:50:55 GMT

It has been in this status for years. If I want it to be a card to show as open with a zero balance and high cl, then no reason to poke. Is this something that others have seen ?