tama asked:
If I have a credit card that I do not use, how does this account reflect on my credit report? Does it show an open account in good standing?
http://1mortgagecalculator.info
If I have a credit card that I do not use, how does this account reflect on my credit report? Does it show an open account in good standing?
http://1mortgagecalculator.info
It shows on your credit report as X number of dollars credit allowed, zero for maximum use and zero for outstanding balance. But it does add to your credit score just because someone issued it to you.
Here is a good site where you can get free credit report:
If you have a credit card and you choose not to use it, it will affect your credit score positively. Even if you don’t use your card, your account will still be reported to the credit bureaus every month as being in good standing.
Do not close the card cause it lower you available credit line. You also can use this service to pre-estimate future scores for different scenarios of credit card payments. – freecreditreport.hotusa.org