nmomma

They're both cards that can only be used for purchases in that particular store, pretty much. Does the company closing the account reflect poorly on me, as opposed to my closing it? I've also heard that banks look at your access to credit when evaluating you for a mortgage, is that true? As in, you could have $30,000 in available credit, none owing, but they'll take into account that you could spend that $30,000 and then have to pay for it? Did that make sense? Yes, the actual act of getting divorced doesn't impact your credit, but the fallout sure does! lol

Thanks! So should I keep it open and use it now and then so it stays active, or can I just file it away? My 2nd store card has only been open for about a year, would I be okay to close that one? I only ever used it once (for the 20% first-purchase discount on a large ticket item), and have no plans to use it again. (Sorry for the silly questions, this is all kind of new to me!)

Two years ago, I had a decent credit score (720), bought a vehicle (financed), and 2 store cc and a MC. Had never been late on pmts, but sometimes carried a small balance. I left my husband last year, and am just waiting for the divorce papers to be drawn up. About that same time, my credit score dropped to 590. I was told it was a combination of the divorce, my closing one of the store cards (I didn't use it anymore), and my racking up the charges on the MC (totally unavoidable, but I still feel bad about it ). Anyhow, I'm slowly digging myself out of the divorce-debt, and have paid off the other store card (Sears card, 28% interest). I want to close it, as I won't use it anymore, but am worried it will have yet another negative impact on my score. It's my oldest account, and they just raised the limit on it (they had dropped it by 75% when my score dropped). Long term, is it going to matter if I close it or not? It would leave me with just one card, the MC. My goal is to be in a position to buy a house in the next five years, and I don't want to do anything that will jeapordize that, but I also don't want the temptation of another card lying around! Any thoughts?

no, it wasn't myFico, it was freecreditreportsincanada ?

the first reply listed a site for free credit reports in Canada, and when I went there, it wanted me to giv my credit card info....is it a safe site, or a scam?

Thanks! I'm in Canada...will I still be able to do that?

I had the limits on my two cc's slashed by 50% in June (each of them went down to what the balance was), and when I called to enquire about it, one told me it was because I never charged it up to teh limit and so they set my new limit at what I usually use the card at (mastercard) and the other (Sears store card, through Chase) said it was because my credit score had go down. The rep said my score was 595, when at this time last year, it was 715. In the past year I bought a vehicle (8k loan) and seperated from my husband. I also overcharged my m/c once, when they dropped the limit but didn't tell me. I tried to get a copy of my credit report from Equifax, but can never get through the automated system, it just says it "cannot understand my response" even when I use the keypad on the phone to input the info. For the life of me, I cannot find a way to talk to a live person and get a copy! So, I have two questions... 1. Is there a way to get in touch with a live person at Equifax? 2. How can I bring my credit score back up? I should have enough $$ from my divorce settlement to pay off all the debts, is that my best bet? Or should I keep one open and pay it off monthly to establish a really solid payment history? Thanks in advance!