@Anonymous wrote:LOL IKR and First Premier tried to warn me that cancelling would drop my credit score so keep it open. I was like nope, I'm done paying monthly fees on a card I don't even use.
It would drop your score if your utilization went up, but that would only be until the disco reports. It also won't affect you if you aren't carrying any balances.
@Anonymous wrote:Hi everyone!
I have been coming to this forum for a while now and watching all of your wonderful stories! All of you have motivated me to get my credit back in shape and just go for it!
I filed Ch7 back in March 2010. Immediately after, I got approved for subprime lenders for both car and credit cards.
I didn't open a lot of accounts immediately but just maintained the three credit cards I had.
I've tried my hardest not to apply for any new accounts because I feared being rejected.
After about 1,000 (exaggeration) letters for Discover, I finally decided to go for it.
Thanks to this forum, I learned about the pre-qualify offers. They offered me any card but I chose the It Cashback since this quarter is Paypal and I do a lot of online shopping.
To my surprise, I was immediately approved (I was still waiting for the decline).
I went back to check the status of my application and it said my credit limit was $12,000!!! This is the highest limit I have ever had on any card.
Immediately, I called to cancel that shark --- First Premier. Whew! Thank goodness that is over!
But I just had to hop on and tell you all the good news. There is definitely still hope!
Congratulations on the approval and limit!
@Anonymous wrote:I'm not carry any balances. My UTI is 1% right now as I'm authorized user on Best Buy card but the balance should be paid off next month.
Then closing the card will do nothing to you, and even if it did, will be fixed as soon as the disco reports.
Fantastic and welcome to myFico 
