Re: closing a credit card account

"John Redman" wrote
> ... if you don't the credit limit appears on your credit file as
> being still available to you. Some companies are thought to
> decline credit to people who already have too much of it, ...

"...thought to..."?
Does anyone have any evidence of this for any particular provider?

"John Redman" wrote
> ... so there is no advantage ... to leaving it open but unused.

Of course there's an advantage - you have extra credit available should you
wish to use it later.



.

Relevant Pages

  • Re: closing a credit card account
    ... "John Redman" wrote ... HBOS recently turned me down on these grounds. ... > I had so much available credit I shouldn't need any more. ... cards for different types of transaction, ...
    (uk.finance)
  • Re: closing a credit card account
    ... > "John Redman" wrote ... HBOS recently turned me down on these grounds. ... but they were to the effect that I had so much available credit I ... new customers, which is why there is no point keeping an account dormant but ...
    (uk.finance)
  • Re: closing a credit card account
    ... if you don't the credit limit appears on your credit file as ... > Does anyone have any evidence of this for any particular provider? ...
    (uk.finance)
  • Re: Credit Card reduction of limit
    ... information received from our Credit Reference Agency". ... reduced her credit limit to £900. ... I have had a current account and credit card with them for fifteen years and paid it off every month for those fifteen years, never paid interest on it once. ... Those that pay in big sums irregularly will include those where the big payment doesn't happen. ...
    (uk.legal)
  • Re: Bank of America cancels MBNA MasterCard
    ... and a credit limit of 50,000 $ since about 14 years. ... problem with the card, always paid the whole balance before the due ... This also worked very well after I relocated to Germany more than ...
    (misc.consumers)