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Closed By Credit Grantor


tadmartin223
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I'm confused. On my EXP and EQ reports, I have an account from 2000, status being "closed by credit grantor". From my understanding, this is a bad thing, correct? But on both reports, it's showing up as 'sasitfactory account", being that there are no lates. Should I dispute this to have it deleted or keep it on there? Which one is a better resolution?

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if you had a long standing positive payment history with them I would not dispute it because the good is outweighing the bad. Sometimes CC Companies just close them down due to lack of use... it isn't as bad as other notations can be.. if you have anything worse than that, I would work on those first :)

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I would hit the 2 Collection and 1 judgement before you worry about this account. Make sure you take a look in the collections forum and run searches on those topics to read up on all the many options you have an things you can try to rectify those issues on your CR :) Best of Luck! -Jenn

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