closed account still on fico score checker

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charged
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closed account still on fico score checker

Postby charged » Sat Apr 30, 2016 8:01 pm

A capital one card that I'm using provides fico score checking on its web page. A year ago I had applied for a Sears card but never activated it. I recently called up and canceled this account since I don't need it or want it. However, the account and its credit line are still listed on the fico score page. Maybe it doesn't matter, but I don't want the report to be incorrect.


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Vattené
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Re: closed account still on fico score checker

Postby Vattené » Sun May 01, 2016 12:50 pm

Accounts are still reported on credit profiles even after they are closed, typically for 10 years after closing if they're closed in good standing. You should be able to see in reports that the account is closed, but it will show up and factor into account aging.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

takeshi
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Re: closed account still on fico score checker

Postby takeshi » Mon May 02, 2016 11:42 am

And not activating a card doesn't prevent an account from reporting. Activation is for the card, not the account. If you apply, expect the account to report if approved.

charged
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Re: closed account still on fico score checker

Postby charged » Tue May 03, 2016 10:01 pm

takeshi wrote:And not activating a card doesn't prevent an account from reporting. Activation is for the card, not the account. If you apply, expect the account to report if approved.


I see. It was a dumb mistake to let them sign me up for that card which has no value at all. I fell for the manipulation, but that won't be happening again. Store cards stink and aren't good alternatives to reward cards.



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