I have a credit card that has been reporting as "closed by consumer request" for a few months. My credit union says that everything looks normal in their system. Did a PC hoping that would change it. Nope. New credit limit reports. Balance updates monthly. Still shows closed. They finally did something and it is showing open on EX but not the others. I am wondering how would this impact me shopping for a new card(s). In my opinion I would view it is a charge off that isn't reporting correctly. I know most apps are processed by computers. Do you think they will see it like that? Just trying to be wise before I go out shooting apps.
So the account is still open. Its just reporting as closed. I'm assuming it would be viewed as a c/o because it is reporting closed with a balance. EX was updated this month to open status. The other two for whatever reason are still showing closed.
Perhaps get some sort of confirmation that the account is indeed open and good standing in writing from your CU and use that to send in a dispute to EQ/TU to ask them to change its status?
And just cause it's closed with a balance doesn't automatically make it a charge off. As mentioned above, occasionally consumers (or the banks themselves) can close an open account for any reason at any time, which sometimes can happen when there's still a balance showing. But as long as the actual status isn't showing CO/there aren't comments saying it's a CO, it won't be seen as a CO.
