Need Advise

Discussion in 'Credit Talk' started by PSUgirl, May 4, 2001.

  1. PSUgirl

    PSUgirl Guest

    I need advise as to what to do with 2 accounts that I have

    I have an MBNA credit card: closed
    Is currently reporting "closed by credit grantor", but in 30 days that will be changed to "closed by consumer"

    This account is:
    -Deleated on Trans Union
    -Reporting with NO lates on equfax
    -Reporiting with 2-30day, 3-60days, 7-90+ days, max deliquency of 120 days occured in 11/1999.

    Account has been current for 1 year and 1 months, with no lates.

    What should i do: limit is 1000.00 balance is 1520.71. apr 18.4%

    Should i take advantage of balance transfer option with GM at 2.9 for 6 months.

    Account will be paid off in 6 months.

    should i ask for the removal of account with experian in exchange for payment in full?

  2. Pat

    Pat Well-Known Member

    I don't have an answer to your question, but I have one for you:) How did you get them to change from closed by grantor to closed by consumer? Also, if you know, does that have an effect on you score?
  3. PSUgirl

    PSUgirl Guest

    i wrote a letter to the ceo of was never suppose to be "closed by credit grantor" in the first place.

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