Comments on: How to Maintain Good Credit History http://www.trinitycreditservices.com/index.php/how-to-maintain-good-credit-history/ Credit Repair and Restoration Wed, 25 May 2011 11:39:37 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Burton Haynes http://www.trinitycreditservices.com/index.php/how-to-maintain-good-credit-history/comment-page-1/#comment-1436 Burton Haynes Sun, 19 Sep 2010 04:57:13 +0000 http://www.trinitycreditservices.com/?p=1149#comment-1436 I have 3 open bank credit cards, one of them I opened for my former home business. I had a couple of other accounts, but they were closed by the issuer last year, because I didn't use them. The only problem I have with that is one of the cards was my oldest account, and had a relatively large available balance of $12,800. I know my credit score took a hit for a few months after those cards were closed, because my average card age and overall credit availability were lessened. Although I was not in the market for any new credit, I think that there should be a special notation on credit reports when cards are closed due to inactivity, and the credit score calculation formula adjusted not to reflect a higher debt to available credit ratio. I have 3 open bank credit cards, one of them I opened for my former home business. I had a couple of other accounts, but they were closed by the issuer last year, because I didn’t use them. The only problem I have with that is one of the cards was my oldest account, and had a relatively large available balance of $12,800. I know my credit score took a hit for a few months after those cards were closed, because my average card age and overall credit availability were lessened. Although I was not in the market for any new credit, I think that there should be a special notation on credit reports when cards are closed due to inactivity, and the credit score calculation formula adjusted not to reflect a higher debt to available credit ratio.

]]> By: donnie a matherly jr http://www.trinitycreditservices.com/index.php/how-to-maintain-good-credit-history/comment-page-1/#comment-150 donnie a matherly jr Thu, 26 Nov 2009 17:09:32 +0000 http://www.trinitycreditservices.com/?p=1149#comment-150 a lot of my bills have went to collections due to medical bills due to a sick child with high deductibles, inability to pay in the time frame has led me to bad points in my credit reports i also had a bankrupt in 1999 almost ten years ago. I currently get turned down for credit because of a low score and i cant seem to figure out how to get back on top of this and i think that this is the way to go so please feel free to contact me Thank You Donnie Matherly a lot of my bills have went to collections due to medical bills due to a sick child with high deductibles, inability to pay in the time frame has led me to bad points in my credit reports i also had a bankrupt in 1999 almost ten years ago. I currently get turned down for credit because of a low score and i cant seem to figure out how to get back on top of this and i think that this is the way to go so please feel free to contact me

Thank You
Donnie Matherly

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