Post # 17
So.. it sounds like one or more of your scores may be the individual companies’ proprietary scores. The FICO credit score is the one you’re looking for, not the Vantage score. The FICO score is the only score that anyone cares about.
See the link below for more information:
Post # 18
I was told by a mortgage broker not to open or close any accounts when trying to buy a house, because each of these will ding your credit score a bit.
Post # 19
if you don’t want to keep paying the fee for the one credit card, I would recommend calling and trying to “cancel” it. in my experience, if you try to cancel the card and say it’s because of the fee that they’ll usually waive the fee to keep you on as a customer.
Post # 20
It will hurt your score because it will lower your available credit even if you don’t currently have debt. Lenders like to see that other lenders trust you with credit. Don’t do anything right now.
As far as the inquiries you have right now, dispute, dispute, dispute. They might come off if the companies don’t confirm them and your score could go up. I also agree with pulling your real report to confirm the student loan. If it’s reporting incorrectly on your real report get that corrected.
Post # 21
Thanks for all of the feedback. I will leave alone the store card, and think about keeping the airline card (or maybe seeing if I can get the fee waived). It’s up for renewal at the end of the month, hence the motivation to consider it now. I’ll also get my student loan balances corrected if it’s also on the actual report incorrectly.
Post # 22
You might be able to convert the fee card to a no-fee card. You wouldn’t get the airline miles or whatever, but you could keep it open for free and not have to close it. To convert the account you’d just call them and ask them.