I’m looking to improve my credit score. I just checked my credit report and apparently have a small account open with a department store. I have always had a 0 balance on this card, since 2002. Is it more beneficial to me to close this account or leave it open? If I do close it can I write to the card company and have them take this negative reflection off my credit?
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Thu, Apr 1, 2010
April 1st, 2010 at 7:25 pm
The negatives usually last from five to seven years after the account is closed. If it is not closed, send a letter asking them to close it. Only time heals credit.