Will it hurt your credit score if you close a credit card for a company that has gone bankrupt?
by admin ~ May 30th, 2009 . Filed under: Credit .
ihagurl asked:
Ex: Friedmans has gone bankrupt (all locations closing why would I need it) and I just PIF. I decided to close it, but then wondered it doing so would hurt my credit score, since my debt to credit ratio has just gone down.
Trenton Valade
Ex: Friedmans has gone bankrupt (all locations closing why would I need it) and I just PIF. I decided to close it, but then wondered it doing so would hurt my credit score, since my debt to credit ratio has just gone down.
Trenton Valade
May 31st, 2009 at 9:51 pm
no i dont think so. it aint your fault that they are bankrupt and you don’t owe them no money
June 2nd, 2009 at 6:20 am
The card never affects you negatively unless you negatively unless you negatively unless you get in the or whatever trial period they offered close it closing card theres no point keeping it closing card never affects you.