I applied for a Fingerhut account about a year and a half ago when I started rebuilding my credit. Luckily, it is not my oldest account. I have used it off and on during free shipping promotions to keep it active, but I know the products are overpriced. I was recently given a temporary increase to $2,000 and can make it permanent by spending $300 in the next three months. I am definitely not going to do that, and in fact, I believe it may be time to close the account. Does anybody know if closing my account during the temporary increase will cause the closed account to report as having had a limit of $2,000, or will it report as the old limit of $1,700?
Thanks for any information!
. If you close now your final limit will be $1700.