Showing results for 
Search instead for 
Did you mean: 

Is it time yet?

Established Contributor

Re: Is it time yet?

nothingman02 wrote:


But if you do have a consistent 9% utilization, how can they close the card? I thought they would slash the CLI but I would still have the open card. If they close a card with a balance, its gonna mess my account up again. Dont they have to give me a chance to pay the card off and close it so that it atleast has a positive record?

Thanks for your informative post.

Credit card companies can close your card whenever they want for whatever reason they want.  Your account would still be a "positive record" as long as you continued to make payments and the ccc did not decide to CO the account.


TU 810: EQ 813: EX 814 (9/16/09--Loan officer pull)

Helpful Threads
Frequently Requested Threads
Understanding your Fico Score
Message 11 of 12
Regular Contributor

Re: Is it time yet?

Nothing special about prime banks as they are the ones who are screwing with our accounts. I have Amex, HSBC,BoA,Citi and I refuse to use those cards because I am afraid of putting notice on myself for a CLD.

Starting Score: 8/2008 521
Current Score: 734
Highest Ever: 4/2009 759
Goal Score: 760+

Take the FICO Fitness Challenge
Message 12 of 12