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No. The reason a credit issuer closes an account is because they no longer consider you an acceptable risk.

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βˆ™ 2006-08-28 15:26:39
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These funds last 5 years have limited use and cannot pay for new obligations

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Q: Can you reopen a credit card that was closed by the issuer?
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Can you reopen a credit card that you closed?

Yes, you can request your issuing credit card company or bank to reopen your credit card that you closed. I did that with one of my credit cards. However, make sure that you had a good record on that particular closed account and that you check if all the balances have been paid before you closed the account in order not to ruin your credit history.


How can you make the credit card company reopen an account and remove 'closed by credit grantor' from your credit report?

You can't MAKE a credit card company reopen an account. You can call the credit bureau and request that they change the status to indicate that is was closed by you and not the credit grantor. Or, you can simply put a notation in your credit report stating that the account was closed by you and not the card company.


Can you re-open a credit card once closed?

Credit card companies will not reopen a credit card account once it has been closed. The company will issue a new credit card and new account if it wishes to do business with the person.


What country had the first credit card issuer?

The United States had the first credit card issuer, Diner's Club.


Credit card closed by issuer affect credit score?

Yes. Creditors report to the credit reporting agencies the terms under which an account is closed. It looks bad and is a slightly more derogatory status when an account is closed by the lender vs. closed by the customer.


What happens when you make a purchase using a credit card?

the credit card issuer pays the store


What happenes when you make a purchase using a credit card?

the credit card issuer pays the store


How can you reopen a credit card account that you closed?

First, just ask. But, you will probably have to complete a new application so that a new credit bureau report can be pulled.


Can credit card images be personalized?

Credit card images can be personalized depending on your credit card issuer. Most credit card issuers offer a service for credit card personalization for a fee.


Can a credit card company reopen a charged off account?

No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.


What is the apr on a credit card?

It varies - according to the issuer. A typical APR is around 19.8% for a credit card, or 37.5% for a store card.


Can you reopen a written off credit card?

no you cannot! sorry

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