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Old Mar 11, 2009 | 02:09 PM
  #9  
white_n_slow's Avatar
white_n_slow
it's my D in a B
 
Joined: Aug 2001
Posts: 24,787
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From: Your Mom's House
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Originally Posted by å

ok so... my questions toyou financial repair peeps...

1- what do i do with these old CC? a lot of places say don't cancel it. doesnt say inactive.. it should right?

2- can i get rid of this record or make it look "better" ? a read an article that said that i should call that CC company and talk with them about removing old "past due" messages from the record...

3- i can't really do anything with this.. or can i?

4- should i apply for another CC? i only actively use 1.

help h: :hs:
1- Having more lines of credit (in good standing) is a good thing, so leave them if you want. I personally closed out my inactive credit accounts not because of my credit score, but because I never used them, and it's just another potential target for fraud/identity theft.

2- You can't always make old marks go away, but sometimes you can. Call up the creditor with whom you made a late payment and politely harrass the shit out of them. Tell them you have no record of the late payment, and you would like to see their records and verify it. Sometimes rather than dealing with an annoying customer, they will remove the record. Kind of luck of the draw whether this will work.

3- ?

4- No. Applying for credit cards actually hurts your record in the short term. Applying for cards you never intend to use is also not smart. I'd start (responsibly) using some of your older accounts rather than starting up a new one.
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