Reopening account or having it deleted.

Anonymous · ‎04-20-2008

Is it possible to reopen a once bad account, but was paid a couple of years ago? I had a Cap1 card and settled with them and it was closed. But, now Cap1 keeps sending me "pre approved" CC applications. So I was thinking if I can reopen the card, if it is even possible, would that help my credit score. Also, I had a bad Providian account and settled with them 2 years ago. A month ago I got approved for a Washington Mutual account. I didn't realize they are with Providian. Since I now have this CC, can I see if they will delete the other baddie on my CR (which is now listed as WashMut/Providian. Or will this hurt my score because of "history"? How much does history effect your score? And one more question, is there an SOL for collecting money on a traffic ticket? It's not listed on my CR, but the other day I ran my DMV record and there is a ticket from 04 in collections. I wondered why it wasn't my CR as well?

Anonymous · ‎04-20-2008

vesper wrote:
Is it possible to reopen a once bad account, but was paid a couple of years ago? I had a Cap1 card and settled with them and it was closed. But, now Cap1 keeps sending me "pre approved" CC applications. So I was thinking if I can reopen the card, if it is even possible, would that help my credit score. Also, I had a bad Providian account and settled with them 2 years ago. A month ago I got approved for a Washington Mutual account. I didn't realize they are with Providian. Since I now have this CC, can I see if they will delete the other baddie on my CR (which is now listed as WashMut/Providian. Or will this hurt my score because of "history"? How much does history effect your score? And one more question, is there an SOL for collecting money on a traffic ticket? It's not listed on my CR, but the other day I ran my DMV record and there is a ticket from 04 in collections. I wondered why it wasn't my CR as well?

I do not think that Cap 1 will reopen a closed account. What they will do is open a new account IF you are approved.

Providian grrrrrrr just as hard to work with as Cap1.

What is the DOFD on these COs......are they due to drop soon??

History is 30% of your score....Every time you get new credit you delute your credit........IMO I would prefer to have short history & NOT have a CO on my CR

I had 1 CO from Providian & when it dropped (7 years after CO) My scores went up over 50 points

Message Edited by HappyDays on 04-20-2008 11:16 AM

Anonymous · ‎04-21-2008

@Anonymous wrote:

@Anonymous wrote:
Is it possible to reopen a once bad account, but was paid a couple of years ago? I had a Cap1 card and settled with them and it was closed. But, now Cap1 keeps sending me "pre approved" CC applications. So I was thinking if I can reopen the card, if it is even possible, would that help my credit score. Also, I had a bad Providian account and settled with them 2 years ago. A month ago I got approved for a Washington Mutual account. I didn't realize they are with Providian. Since I now have this CC, can I see if they will delete the other baddie on my CR (which is now listed as WashMut/Providian. Or will this hurt my score because of "history"? How much does history effect your score? And one more question, is there an SOL for collecting money on a traffic ticket? It's not listed on my CR, but the other day I ran my DMV record and there is a ticket from 04 in collections. I wondered why it wasn't my CR as well?

I do not think that Cap 1 will reopen a closed account. What they will do is open a new account IF you are approved.

Providian grrrrrrr just as hard to work with as Cap1.

What is the DOFD on these COs......are they due to drop soon??

History is 30% of your score....Every time you get new credit you delute your credit........IMO I would prefer to have short history & NOT have a CO on my CR

I had 1 CO from Providian & when it dropped (7 years after CO) My scores went up over 50 points

Message Edited by HappyDays on 04-20-2008 11:16 AM

I settled with them in 05. I need to call the CRA to verify the DOFD.

Anonymous · ‎04-21-2008

Yessss!!! tHIS can happen I had a account with Orchard Bank and I paid them ontime for almost 2yrs with no late payments or overlimits i lost the card due to my husband losing his job and now a year later they sent me a preapproved offer lol and I got it with lower APR9.9 thts crazy the other one was like 14% i think or 19% !!! also Congrats u got a wamu card??? I had a providian card and paid the charge off and this was over 10yrs ago so now they dont blackball you? whats your credit score at the time u got the wamu card?

Anonymous · ‎04-22-2008

@Anonymous wrote:
Yessss!!! tHIS can happen I had a account with Orchard Bank and I paid them ontime for almost 2yrs with no late payments or overlimits i lost the card due to my husband losing his job and now a year later they sent me a preapproved offer lol and I got it with lower APR9.9 thts crazy the other one was like 14% i think or 19% !!! also Congrats u got a wamu card??? I had a providian card and paid the charge off and this was over 10yrs ago so now they dont blackball you? whats your credit score at the time u got the wamu card?

Yeah, I got approved 2 months ago for a $3000 limit. I only got this for emergencies like for when my car breaks down like it did 2 weeks after I got the card

My scored are TU 655, EX 635, EQ 629