Please Advise On How To Keep My Credit Score - Vanquis Closing My Account, Their Error!

[Deleted User]

It does sound like it might be a blessing, given how you say you've been using it. 

Not defaulting is a very low bar for success.  The ongoing payments for a £199 purchase is  what will concern lenders, so if that;s now gone, that's an improvement.

psdor

Deleted_User said:

It does sound like it might be a blessing, given how you say you've been using it. 

Not defaulting is a very low bar for success.  The ongoing payments for a £199 purchase is  what will concern lenders, so if that;s now gone, that's an improvement.

I see.... I guess I've been looking at this all wrong. I had this improve credit thing all wrong then.

ratechaser

I'm a bit puzzled by this one - when the shoe is on the other foot, so to speak, we see various posts about how defaults and other 'bad' markers can't be removed as the credit providers are required to accurately report credit history with the CRAs.

So in this situation, why would Vanquis be allowed to expunge perfectly valid and accurate past credit history as part of closing an account?