Cancel Credit One, Experian goes up 18 points

[Anonymous]

Guess that's my reward for not having to deal with them anymore. 

[Anonymous]

Now that's a reward I can sink my teeth into.

[Anonymous]

Two good things with one action, i'd say its a win win!

[Anonymous]

is there a reason for the increase? 

i am tempting to cancel the scured cap 1 card i have.

[anm688]

delite. I read this as Cap1. Haha

[EW800]

Congrats on the increasea and for getting rid of Credit One!  

[Anonymous]

FICO should give extra pts for not having FP, CreditOne or Continental Finance on your reports.

[Anonymous]

Proof that sometimes the FICO gods are good and just.

[Imperfectfuture]

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@Anonymous wrote:
Now that's a reward I can sink my teeth into.

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When their old charge off dropped, my EQ went up 68 points.  That's one blacklist I'm proud to be a member of.

[Imperfectfuture]

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@Anonymous wrote:

is there a reason for the increase? 

i am tempting to cancel the scured cap 1 card i have.

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I had a secured card with my credit union for 1.5+ years (it's unsecured now).  Don't do it, secured cards from good banks keep the score up.  If you are still rebuilding (looking to increase score above 700), this is not the way to go.  Only if you have three or more prime bank cards, with a year of history, then cancel.