We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Settling a credit account

2»

Comments

  • The_Boss
    The_Boss Posts: 5,864 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    tenchiten wrote: »
    Why would that be ?
    I've had my two active cards for over 12 months.

    Generally the longer you've had a credit card the better. Closing an account so soon means there is little account data held for it and it may suggest similar behaviour with other accounts in future.
  • tenchiten
    tenchiten Posts: 7 Forumite
    Hmm, thats something I didn't think of. Perhaps I should keep the new one for a minimum of 12 months before closing it.
    It seems a daft way of getting this negative removed though.
    The only other thing I can think of is a loan and then just repay it after a couple of months.

    I cant think of anything else.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture