Question On Credit Score

[DaleSteyn1]

Yeah your credit limit and the age both were the factors. You had relatively larger limit and an older account. Don't worry paying off a credit is also good indication...just keep your balances low on the remainder of loan/credit if you have any it will shoot up again in probably 6 months...if the ones you closed were your only credit/loan then apply for a new CC but in general don't close aged accounts unless there is annual fee or something for it and you don't like it anymore...but then as captain hindsight says, you should have not applied for a CC that has an annual fee in the first place and then aged it :)

Don't worry, just wait 6 months, the most important point is you should maintain your credit worthiness...

thanks for the suggestion but naa cards ki fee ledhu naa credit card oten fraud activity ippatiki 3 times card marchina fraud jarguthundhi so i closed and another  card asalu vadatledhu so i thought not required moosesa

[ronitreddy]

Oldest accounts emo avi...credit history age taggipoyi untadi...that's first..next total credit availability. .

this could be one of the possible reason

[ronitreddy]

45k undhi limit ..6k emo vadanu anthe it is below 30% line .nenu close chesina accts okati 7 yrs and inkoti 3 yrs old 

naku antha appu undii

[dkchinnari]

Zero balance tho close chesthe no effext...nenu close chesa 1 yr old dhi

[dkchinnari]

naku antha appu undii

80k undi

[griffins]

thanks for the suggestion but naa cards ki fee ledhu naa credit card oten fraud activity ippatiki 3 times card marchina fraud jarguthundhi so i closed and another card asalu vadatledhu so i thought not required moosesa

I believe now a days all major cc companies have some kind of fraud protection and some offer free cc monitoring as well...With a 45K limit on the card, your fraud protection will ne same as movie stars...just exaggerating...in future, if you don't have annual payments then still don't close the account, let it age, may be fill up a gas tank once a month with that card and immediately pay off so your balance is 0.

[dkchinnari]

Closing card entha limit? Never close oldest card..reopen cheyi..nenu chesa okasadi

[ITeachSQLServer]

arey basics ra adhi....ye credit score website aina first cheppedi ade...dont close accounts

[DaleSteyn1]

Closing card entha limit? Never close oldest card..reopen cheyi..nenu chesa okasadi

8k okati 5k okati 

[DaleSteyn1]

I believe now a days all major cc companies have some kind of fraud protection and some offer free cc monitoring as well...With a 45K limit on the card, your fraud protection will ne same as movie stars...just exaggerating...in future, if you don't have annual payments then still don't close the account, let it age, may be fill up a gas tank once a month with that card and immediately pay off so your balance is 0.

fraud detection undhi email osthundhi looks like a fraud transaction if so call ani 3 times marchadu vaadu card ayna avthundhi so chiraak ochi close chesanu

[Durjan]

[dkchinnari]

fraud detection undhi email osthundhi looks like a fraud transaction if so call ani 3 times marchadu vaadu card ayna avthundhi so chiraak ochi close chesanu

bank vaadu em antunadu..card number change avutundi ghaa..ala ela using..enquiry pettedi unte instead of closing it..or hold lo pettamani chepedi unde

[ronitreddy]

Zero balance tho close chesthe no effext...nenu close chesa 1 yr old dhi

akkada 7 yrs man

[kum5758]

bhayyas

 

credit cards nu ela balance cheyali

 

lets say 5k kattali nenu cc lo credit line ah card lo 12k undi

so motham clear cheyadam better ah lekunte monthly payments  kattukovadam better ah--interest em padatle ipdu

 

remaining cc kuda anni minimum payments kattukoni remaining amount india ku pampadam better ah??

[ronitreddy]

80k undi

3-4 honeymoon trips esthe anthe untadi