Does a CC account (closed) effect score any differently than a CC account (open) if they both have balances and are being paid timely? I'm not going to close one. Its already closed. But if I were to have the opportunity to pay one of the balances down considerably, would it matter which i chose? Do CC companies report delinquencies of 1-29 days to the CRA or only the 30,60,90 etc? Is paying late derogatory to your score 1-29 days, or just to the individual grantor of the card? MBNA reduced my CL from 5000 to 1000 about 18 mos ago. My current TL for this account shows my opening CL as 1000 with a high balance of 4500 and a current bal of 300. Can they rightfully change the opening CL? This looks very negative to me. I am new to cleaning up my credit and have many ??, but will begin with these three. Thanking you in advance for your response.
1* Can they rightfully change the opening CL? 2*but will begin with these three. Shuganon ==================== 1*Yes 2*Here is another place to begin = = = Read the links below.
