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

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2005-10-09 19:29:07
2005-10-09 19:29:07

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

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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.

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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.

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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.

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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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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.

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That is at the discretion of the issuing financial institution. They may not grant a previous card holder who has closed the account special offers.

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When your Amazon account is closed, the credit card info that is associated with the account will not be kept by the company and will be deleted also.

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If a credit card account has an outstanding balance that is defaulted on, the account will not be closed. The account will be charged to profit and loss, or sent/sold/assigned to collections, either internal or external.

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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.

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No. If the account has been closed, you would need to re-apply if you wanted an account.

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Unfortunately, it will reduce your credit score. What happens is that the original credit card account shows as closed, and you have a newly issued credit card account with a new number through the same credit card issuer. It will take at least 2 years before the newer credit card account is seen as a seasoned trade line.

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No, However it may be possible to pay off your debt with a credit card.

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No. It will show on a credit report as an account closed due to inactivity. It has no effect on your credit score.

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The credit card should be returned to the credit card company or destroyed and the company should be notified immediately of the death so the account can be closed.

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Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.

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