New Credit Card Issues- Want To Cancel It

[apparao123]

i asked for creedit  limit inctrease but boa sent me a new cc.......i want to cancel it.....is it ok to cancel a card without using it?

[pinky123]

ltt

[BMW]

call them and ask if they can merge both the cards..naaku idivaraku citi vaadu chesaadu....no idea abt bofa credit cards lo pedda dash bofa....credit card cancelling will have bad effect on credit score...help 

[SudhirKumar]

never cancel credit cards...ani naakevaro cheparu

[SudhirKumar]

call them and ask if they can merge both the cards..naaku idivaraku citi vaadu chesaadu....no idea abt bofa credit cards lo pedda dash bofa....credit card cancelling will have bad effect on credit score...help 

 

 

Agreed

[accuman]

merge

[bio]

i asked for creedit  limit inctrease but boa sent me a new cc.......i want to cancel it.....is it ok to cancel a card without using it?

 

trying to associate both the credit cards would be a nice idea as the damage to the credit score has already occurred, in case bofa denies it (which I believe it wouldn't) u can cancel the card and rise an investigation on unintended bofa card with their credit bureau, it might take some time to rejuvenate ur credit score back though. I believe those r ur best bets bud.

[god father]

thokkalo score ..........vayya ..........2-3 months aithe ade set avuthadi if you do not have anymore expenses related to house or car then better cancel the old one and not the new one............merging is the best option and stop worrying about the credit history it goes it comes back dani gurinchi thala badukovaddu!!

[ringa_ringa]

don't cancel the old one.... it decreases your average age of credit cards....

I dont understand! Y you want to cancel a card.... if you dont need it... just dont use it....that keeps your credit line high and credit usage low... which is always good

 

Bofa has introduced many new cards, so they might not merge these cards if they are 2 different ones

 

[bio]

thokkalo score ..........vayya ..........2-3 months aithe ade set avuthadi if you do not have anymore expenses related to house or car then better cancel the old one and not the new one............merging is the best option and stop worrying about the credit history it goes it comes back dani gurinchi thala badukovaddu!!

 

2-3 months lo ekkad set avuddi bhaiyya??, atleast 6 months padutundi, also bofa vadu by mistake new card panpinchadu anta, TS credit line increase ki request chesadu, so athani mistake em ledu, bofa has to merge it or if TS cancels it, card gone n credit score dobbuthadi, not only dat cancelling cards could adversely impact future lender decisions, better to always play it safe.

[bio]

don't cancel the old one.... it decreases your average age of credit cards....

I dont understand! Y you want to cancel a card.... if you dont need it... just dont use it....that keeps your credit line high and credit usage low... which is always good

 

Bofa has introduced many new cards, so they might not merge these cards if they are 2 different ones

 

TS credit line increase requested, bofa accidentlly sent him a new card, not his mistke so they hv to compromize i believe.

[god father]

2-3 months lo ekkad set avuddi bhaiyya??, atleast 6 months padutundi, also bofa vadu by mistake new card panpinchadu anta, TS credit line increase ki request chesadu, so athani mistake em ledu, bofa has to merge it or if TS cancels it, card gone n credit score dobbuthadi, not only dat cancelling cards could adversely impact future lender decisions, better to always play it safe.

 

2008 sep ki na credit score 650 ok 2009 jan 750 ayyindi? 6 months time unda sep -jan?!! proof adigithe aa credit reports choobinchalenu kani adi jarigina matter!!!!

 

boss do not give so much of care towards credit history mana indians thappa akkada credit history gurinchi evadu pattinchukodu!!!

[bio]

2008 sep ki na credit score 650 ok 2009 jan 750 ayyindi? 6 months time unda sep -jan?!! proof adigithe aa credit reports choobinchalenu kani adi jarigina matter!!!!

 

boss do not give so much of care towards credit history mana indians thappa akkada credit history gurinchi evadu pattinchukodu!!!

 

chill down dude, 2008 sep ki nee score 650 but ah previous months lo may be nee credit score baaga maintain chesuntavu, so its showing 750 by jan 09, I donno ur complete scenario, for example if u cancel a cc now, it wont affect ur score right away, but after some time depending on the credit bureau u r dealing with could take anywhere from 3-6 months. Also cancelling a card without having a proper reason adversely impacts lenders decision at a future time, say for example u r taking a mortgage or an asset, dat would definitely impact, what I meant to say is dat u ll never know how u gonna use the credit for, so its always better to play it safe. no offense but canceling cc would be definitely a bad idea, esp when there's no fault from the TS side.

[god father]

chill down dude, 2008 sep ki nee score 650 but ah previous months lo may be nee credit score baaga maintain chesuntavu, so its showing 750 by jan 09, I donno ur complete scenario, for example if u cancel a cc now, it wont affect ur score right away, but after some time depending on the credit bureau u r dealing with could take anywhere from 3-6 months. Also cancelling a card without having a proper reason adversely impacts lenders decision at a future time, say for example u r taking a mortgage or an asset, dat would definitely impact, what I meant to say is dat u ll never know how u gonna use the credit for, so its always better to play it safe. no offense but canceling cc would be definitely a bad idea, esp when there's no fault from the TS side.

 

boss naaku ee kaburlu cheppaku US lo undi CC valla M ayina candidates lo number one nenu  and nenu cancel cheyyatam valla credit history podu ani cheppaledu ...but dani tension manasulo pettukoni tiraga koodadu ........akkada unna nee lanti desis thappa aa credit history ki evaru pedda importance ivvaru.........alani danini careless ga undu anatam ledu but danini nethi meeda ekkinchuko vaddu antunna...

 

and 100% chepthunna credit history is just a number adi ee roju thagguthadi repu peruguthadi dani kosam pakulada koodadu 3 months kaka pothe 6 months dani venakathala pada koodadu sarigga bills kadithe adi peruguthadi!!!