it shouldn't be surprising. Your credit history provides your score. If you

Mar 27, 2017
10:16:48pm

CDV All-American

close the account, then the part of the formula which looks at long term stability ceases using that credit line as part of the formula. Your score drops as a result.

Report problem with this ad

CDV

Previous username: TheRealBarrySwitzer
Bio page: CDV
Joined: Oct 28, 2011
Last login: Apr 30, 2024
Total posts: 59,413 (27,368 FO)

Report problem with this ad

Messages

Author

Time

Help me collective cb intelligence - your my only hope

gurt

3/27/17 9:30pm

Eat the fee and cancel after closing on the house.

Oregano

3/27/17 9:33pm

^^^BINGO^^^

CougarThug

3/27/17 10:11pm

If the annual fee is only $59 then I'd pay it. Seems worth your good credit

jrifkin48

3/27/17 9:34pm

Don't they have a no fee option?

jaromp

3/27/17 9:38pm

I asked that

gurt

3/27/17 9:39pm

Most lines can be transitioned

CougarHut

3/27/17 9:52pm

You're debating this over $59?

Kerbouchard

3/27/17 9:39pm

Yeah I hate paying for it when I don't need it

gurt

3/27/17 9:40pm

$59 once, or $59 * 360. Your choice.

cougsrule

3/27/17 9:39pm

The fact that closing a credit card hurts your credit boggles my mind.

SandYFan

3/27/17 9:45pm

it shouldn't be surprising. Your credit history provides your score. If you

CDV

3/27/17 10:16pm

How good is your credit?

Occougarfan41

3/27/17 10:22pm

I know when I cancel my AMEX cards they prorate my annual fee and refund me the portion owed.

HarlemCoug

3/27/17 10:36pm

<< Deleted >>

rivercitycoug

3/27/17 10:37pm

Call again in a few days. You have at least 30 days from the date the fee hits

Tare

3/27/17 10:52pm

Most of the card companies are happy to transition the card

donnerstag

3/28/17 7:38am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad