Comments on: How to get rid of a store credit card? http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/ Find out your monthly mortgage payment using this free updated mortgage calculator. Get amoritization tables, bi-weekly savings, refinance info and tips to save money on your home loan. Wed, 14 Sep 2011 21:17:02 +0000 hourly 1 http://wordpress.org/?v=3.2 By: FRANK R http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4616 FRANK R Fri, 31 Jul 2009 18:07:06 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4616 It actually helps your credit scores if you keep the card, and use it on occasion. Pay the card off in full whenever you get a bill. Prompt pay and low balance on credit card accounts look very good on the report. So, this is actually a blessing in disguise. I am a mortgage broker, People frequently ask they should cancel credit cards they use only a Little. Then when I sow them the credit report, they see how having the card, even though used very little, looks very good on the credit report. One other reason to keep the card: it is not unusual for a store to have a sale, and to give additional discount if you use the store credit card. It actually helps your credit scores if you keep the card, and use it on occasion. Pay the card off in full whenever you get a bill. Prompt pay and low balance on credit card accounts look very good on the report. So, this is actually a blessing in disguise.
I am a mortgage broker, People frequently ask they should cancel credit cards they use only a Little. Then when I sow them the credit report, they see how having the card, even though used very little, looks very good on the credit report.

One other reason to keep the card: it is not unusual for a store to have a sale, and to give additional discount if you use the store credit card.

]]> By: Anthony J http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4615 Anthony J Tue, 28 Jul 2009 17:17:11 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4615 Whatever you do just don't call and have it canceled it will effective you negatively on your credit report. Whatever you do just don’t call and have it canceled it will effective you negatively on your credit report.

]]> By: Ann http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4614 Ann Mon, 27 Jul 2009 02:52:16 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4614 just call and cancel i also had a macy card they didnt give me any hassel to cancel it they just said sorry that it didnt work out. your credit report will just say canceled at cardholders request. something like that just call and cancel i also had a macy card they didnt give me any hassel to cancel it they just said sorry that it didnt work out. your credit report will just say canceled at cardholders request. something like that

]]> By: mister ed http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4613 mister ed Sun, 26 Jul 2009 00:53:18 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4613 leave it open and do not use it --- it will expire and die a natural death!!! leave it open and do not use it — it will expire and die a natural death!!!

]]> By: MotherFirefly http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4612 MotherFirefly Thu, 23 Jul 2009 04:45:59 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4612 Store credit cards have terrible interest rates and rarely do anything good for your credit. Just don't use it. Cut it up. Cancel it. Cancelling won't mess up your credit score. Store credit cards have terrible interest rates and rarely do anything good for your credit. Just don’t use it. Cut it up. Cancel it. Cancelling won’t mess up your credit score.

]]> By: 2blessedby3 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4611 2blessedby3 Tue, 21 Jul 2009 19:10:02 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4611 If you don't call and activate it it will close on its own due to inactivity. I would personally keep it just to have an open trade line. You could also do just what you said keep it buy bottle water and pay it off, its a good card to have. If you don’t call and activate it it will close on its own due to inactivity. I would personally keep it just to have an open trade line. You could also do just what you said keep it buy bottle water and pay it off, its a good card to have.

]]> By: kate http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4610 kate Mon, 20 Jul 2009 09:53:08 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4610 Either cut it up or lock it in your safe deposit box or Cancel it , if you think someone else might take it & use it . > Either cut it up or lock it in your safe deposit box or
Cancel it , if you think someone else might take it & use it .

>

]]> By: Pup Luvr http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4609 Pup Luvr Fri, 17 Jul 2009 00:24:13 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4609 you could write a letter cancelling your credit card (then you'll have the record for the credit agencies if they don't cancel)...or just 'buck up' and call and cancel...it's quicker, easier, and relatively painless - just be firm in your resolve to cancel the card. Good Luck! you could write a letter cancelling your credit card (then you’ll have the record for the credit agencies if they don’t cancel)…or just ‘buck up’ and call and cancel…it’s quicker, easier, and relatively painless – just be firm in your resolve to cancel the card.

Good Luck!

]]> By: src50 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4608 src50 Wed, 15 Jul 2009 03:09:06 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4608 Just close it if you don't want it. Just close it if you don’t want it.

]]> By: 100% Organic Snark™ http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/comment-page-1/#comment-4607 100% Organic Snark™ Mon, 13 Jul 2009 08:28:07 +0000 http://1mortgagecalculator.info/how-to-get-rid-of-a-store-credit-card/#comment-4607 Cut it up and either throw it out or send it back to them. Just don't use it. The account will eventually go dormant. Cut it up and either throw it out or send it back to them. Just don’t use it. The account will eventually go dormant.

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