cancel
Showing results for 
Search instead for 
Did you mean: 

Subprime cards

Highlighted
Contributor

Subprime cards

I am working on my credit. Have lots of charge off's, collections, etc. I have three credit cards in good standing for two years +. Two are subprime. One has a CL of $250 and charges fees like crazy each month. Just got an amex. Should I cancel the $250 CL suprime or will that hurt my score?
Message 1 of 5
4 REPLIES 4
Highlighted
Frequent Contributor

Re: Subprime cards

can i ask what ur scores r? and what amex card u got?  i got declined by delta
Message 2 of 5
Highlighted
Contributor

Re: Subprime cards

I got the delta amex. 631/609/603. They pulled EX = 631.
Message 3 of 5
Highlighted
Frequent Contributor

Re: Subprime cards



overwhelmed wrote:
I got the delta amex. 631/609/603. They pulled EX = 631.



Replacing with good cards would be better just do them 1 at a time so as to not disrupt
your average credit age too much.
Message 4 of 5
Highlighted
Contributor

Re: Subprime cards

thanks for the reply. I think I will only cancel that one low CL one and keep the others for another year or two.
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.