I have an FCNB with a $46 balance. As you know, they cancelled all accounts with the "account closed by consumer" addage. my question is this. in order to up my score, should i go ahead and pay this off, or drop my payment down to the min $10 until paid off? i'm trying to get a mortgage, and with my scores in the 500's, i need all the help i can get. thanks duke
I doubt that will up your score much or at all. What was your tradeline on this card. After my card was close because of the FCNB problems, I ck my score and it appears to be the same even though it is now paid off and closed. But my tradeline was only $100 and I had this card for 2 years.
mine was $250 and i have had it for about the same time frame. i guess i will go ahead and pay it off to get them out of my hair
