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January 24, 2012

Q&A: Will it hurt my credit rating if the company cancelled card due to non use?

Filed under: Credit Rating — Tags: , , , , , — admin @ 1:01 am


Question by Heidi 4: Will it hurt my credit rating if the company cancelled card due to non use?
I have a Capital One credit card which I havn’t used for over two years. I got a letter from them today that they are going to cancel my credit with them because I have not used my card.My credit rating is ‘excellent’ and don’t want this as a negative on my rating.

Best answer:

Answer by pappy12a
If you’re not going to use it just cancel it ,you can always get a new one later if you want



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