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If your credit rating is excellent will cancelling a store credit card after paying it off in full in the first billing cycle affect your credit rating?
Wiki User
∙ 16y ago
Credit scores are calculated primarily on "Credit". After closing a card............do you have "credit"? No. You HAD credit......now you don't. It certainly won't help your scores.
Wiki User
∙ 16y ago
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Is cancelling credit cards the same as consolidating them?
"No cancelling credit cards is having them made unavailable for any more charges, while consolidating credit cards is putting them all together on one bill much like you would consolidate nay other debts . Then you have one payment ot make instead of several."
Is 781 an excellent credit score?
VERY Excellent !!
How do you change your billing address of BPI credit card?
You will need to contact customer service to change your billing address of your BPI credit card. You can also send in the new address with your next payment.
Do you need a credit card for Earn2Life or any other billing information?
No, you don't need a credit card.
Does cancelling a credit card affect your credit score?
Yes, canceling a credit card always reduces your credit score. It never improves your credit score if you cancel a credit card account. If you have had the card for more than 2 years, or if you have a substantial amount of available credit at the time that you close the account, then the reduction in your credit score is even greater. However, if it makes sense to you to close the card, and you do not plan large purchases in the near future, your credit will recover without your feeling the difference.
What is fair credit billing act?
Who does the Fair Credit Billing protect Who does the Fair Credit Billing protect
How to get credit card billing address?
i cant remember my credit card billing address
Where is credit card billing address?
You will find credit card billing address on statement.
How does loss before income tax affect accrued expenses?
loss before income tax affect accrued expenses is to avoid the billing of credit
How do loans affect credit scores?
Here is an excellent guide to outline how loans might affect your credit score. http://www.moneysavingexpert.com/loans/credit-rating-credit-score It also offers a Credit Checker tool which could prove very useful.
What is the fair credit billing act?
The Fair Credit Billing Act is a United States federal law. Its purpose is to protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors in open-end credit accounts. The law was enacted in 1975.
Does roblox keep on billing your credit card when your bc expires?
No, Roblox stop billing your credit card when your bc expires
Where can you find your billing address for your credit card?
Your credit card statement whether online or in the mail is a good place to look for your billing address for your credit card.
Does Quickbooks automate billing?
Yes, automated credit card billing is available for the 2008 Quickbooks and newer. This will allow for automatic charging of a customer's credit card.
What is billing zip code?
Often, when you a placing an order with a credit card you will be asked for your billing address and zip code. That is the zip code that is listed on your credit card statement.
How you know billing address line of your visa card?
The billing address of your Visa credit card is the address that your visa credit card statement is sent to. Most banks issuing Visa credit cards have online sites available to their users. Registering online should reveal your billing address.
What is the law on unpaid credit charges?
In the United States, consumers are protected by the Fair Credit Billing Act, which sets rules for the resolution of billing errors on credit card accounts. If a consumer believes they were charged incorrectly on their credit card, they have the right to dispute the charge with the credit card company. It is important to report any billing errors promptly to avoid being responsible for unpaid charges.
