I have some credit cards that I have closed because I thought it was helping my credit. But, now I know it just lowered my score. If the credit card company would let me re-open the account, would that be a good choice? I still owe balance on three and my target is to open these, just so my score would go higher, if possible. These are Providian, Cross Country Bank and Capital One.
It is my understanding that because you have balances on them, they are still OPEN. If you had $0 on them and called to close, different story. To be safe, I'd call and say you want them left open afterall but pay them down. To be double safe, don't pay them completely off. Leave about a $5 balance on them.
It is my understanding that because you have balances on them, they are still OPEN. If you had $0 on them and called to close, different story. MAKE SURE they aren't going to pull any hard inquries to re-open them. To be safe, I'd call and say you want them left open afterall but pay them down. To be double safe, don't pay them completely off. Leave about a $5 balance on them.
You MAY have up to 90 days to RE-OPEN IT...after that there is (USUALLY) no way to RE-OPEN it with-out a "HARD"
