Closing CREDITONE - am I Hurting my credit?

[Anonymous]

So I have been with CREDITONE for almost 4 years and at this point I do not like one thing other than increased Utilization they provided with a few CLIs (for a fee). But it did it’s job and now THEY MUST GO! but that’s about 2k of my overall credit. Idk if I should pull the trigger but I pay 9/mo on each account and obviously as mentioned before they charge to up my CL. However Amazon (2500) and Walmart (1500) upped my CL beyond that (4K total) so will that offset things?

The statements already closed and reported on my synchrony cards.. my new CLI did not report this month so that is coming for the April update.

[Anonymous]

I wanna close them immediately (like right now ) lol

[simplegirl]

Is that your oldest account?

[Remedios]

Without knowing what your aggregate and individual utilization is, it's hard to tell whether there would be any effect on utilization. 

With that said, I'd close and burn it with fire.  You're paying fees and wasting money for nothing. It played it's role but now it's time to move on 

[Anonymous]

yes, unfortunately., :-( 

[Anonymous]

lol I SURE WILL! right after July and August... they offered to credit my account for all the interest over the last 4 months and waive the annual fees until the end of summer. I will close it 10 days before that period ends. I will have +$50.00 to show for it so it seemed worthwhile... but I am done with them after this. 

[Anonymous]

UTIL is high on one card and with my auto loan included I am at 50% .... i added the amounts to my signature

[Anonymous]

off topic how do i add the scores and credit limit tag to my signature? 

[Remedios]

---

@Anonymous wrote:

off topic how do i add the scores and credit limit tag to my signature? 

---

https://ficoforums.myfico.com/t5/SmorgasBoard/THIS-IS-HOW-YOU-ADD-CREDIT-CARD-PICS-TO-YOUR-PROFILE/m-p/5545698#M68250

https://ficoforums.myfico.com/t5/SmorgasBoard/Badges-for-Your-Signature/m-p/5546031#M68255

[Anonymous]

THANKS SO MUCH!!! <3