Where to get free credit reports Lansing

If its a good history than it will no longer show up when credit checks are run. One would assume the same would be true if you had a bad history on where to get free credit reports Lansing the card but its funny how the bad can often prevail! As an example, if you have had one of the cards you are thinking of cancelling for 5 years, and kept that card in good standing, always making where to get free credit reports Lansing payments on time etc., then once you cancel it that good report will be gone. When credit where to get free credit reports Lansing checks are run, they are looking where to get free credit reports Lansing for that good history, and the longer teh better! Another alternative to cancelling a card if you have a long history on it, is to have the limit lowered as much as possible. In the long run, the amount of available credit you have will where to get free credit reports Lansing have a higher impact than the fact that you have 4 credit cards. 4 cards with $2,000 limit each is still less than one card with a $10,000 limit. A few months ago, PC Financial turned down my application for its MasterCard. I called and I was told that my credit report was actually very good. how to check your credit report However, I did not have a landline phone number and I gave them my cellphone number as my home phone where to get free credit reports Lansing number. The PC Financial staff told me to get a landline phone number and then to apply where to get free credit reports Lansing again in 6 months. When I asked if my cellphone number was the reason for them to turn down my application, the staff said yes. Why would I apply for a landline phone number when I am only the only occupant in this apartment, and where to get free credit reports Lansing I wont be at home half of the time in the day? I did order my where to get free credit reports Lansing credit report after my application was turned down. So, sometimes, when youve been turned down for a loan, it might not be about your credit rating.

But my where to get free credit reports Lansing experience tells me that, sometimes, banks just dont like making exceptions. free credit report from all 3 bureaus Actually cancelling old cards has a where to get free credit reports Lansing short-term negative effect on your credit score only if the accounts are older than the average of your credit lines presently reported. In short, a part of your credit score is calculated based on where to get free credit reports Lansing the age of your credit lines and if you cancel your two oldest credit lines your average where to get free credit reports Lansing age will drop, bringing your score down slightly with it. This will correct itself over time, and quite frankly shouldnt be a where to get free credit reports Lansing big deal unless youre looking to apply for credit immediately (in where to get free credit reports Lansing which case apply for your new where to get free credit reports Lansing credit and THEN cancel those cards). The only other scenario when canceling credit cards has a negative where to get free credit reports Lansing effect is if it significantly increases your credit utilization (lets say you owe $4000 on 5 where to get free credit reports Lansing credit cards which have a total credit limit of $10,000 altogether. If you cancel two cards that have $2000 limits and keep where to get free credit reports Lansing that $4000 debt your credit utilization just went from 40% to where to get free credit reports Lansing 60% and your score will drop where to get free credit reports Lansing a bit). free online credit report

In general, FICO rewards long term stability and responsible use, so govern your actions where to get free credit reports Lansing accordingly. Dont worry too much about your credit score, if youre paying your bills on time, not defaulting on your financial obligations and checking that your credit reports have no errors then your FICO where to get free credit reports Lansing score will likely look after itself.