cancel
Showing results for 
Search instead for 
Did you mean: 

Cancel my low limits

tag
markbeiser
Established Contributor

Re: Cancel my low limits


@MissLiz wrote:



I don't know what rock I've been living under, but this is absolutely news to me! I just looked it up and sure enough, facts. Thank you for teaching me something new today. 


If you have any store cards at all it also counts against you. I don't remember if there are tiers for how many store cards you have though.
There are teird penalties for how many credit inquiries and for new accounts in the past 24 months too.

Back to gardening until Late February 2026.
Current FICO8:
Message 11 of 13
Fester82
Valued Member

Re: Cancel my low limits

I think i will cancel both my credit ones and I'll wait a month or so then cancel my Blaze start with the small credit limits till I only  have $700 plus

Message 12 of 13
Fester82
Valued Member

Re: Cancel my low limits

I have 6 credit cards on the chopping block out of 12. Should I spread out the canceling  or all at once?


@Fester82 wrote:

I think i will cancel both my credit ones and I'll wait a month or so then cancel my Blaze start with the small credit limits till I only  have $700 plus


 

Message 13 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.