Credit repair

How do I close out old accounts

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Chester W Maynard
Guest

Subject: Change password

Mon Dec 17, 2007 8:52 pm

I would like to change the password on this account. This was my wifes card which was taken by my daughter. I want no more charges on this account. How do I change password. Dont know what password she is using.

Guest

Tue Dec 18, 2007 4:22 pm

HBSC is a credit card company through orchard bank
the card services # is 1800.477.1024

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1407

34596 Magic Points

Wed Dec 19, 2007 6:38 am

Hi Chester,

talk to your wife regarding this. The details might be with her. If you want to close the card call up the company and request for a withdrawal.
_________________
Regards,
Laura.

Erst
Guest

Subject: Old unused accounts

Wed Feb 13, 2008 9:54 pm

Per cajunbulldog, "It is not a good idea to close old positive trade lines as this has a potential for a drop in Fico scores." This MAY be true. However, what consumers need to know is that if you have TOO MANY open credit lines that can cause a DECREASE in your FICO score (as it has done mine -I'm now in the process of closing out old accounts that I never use. Each of my credit reports has a NEGATIVE that says "Amount of open credit."

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1407

34596 Magic Points

Thu Feb 14, 2008 6:25 am

Hi Erst,

What Cajun said is that closing down an old line of credit can drop your score definitely. It IS true when he answered to the original query.

In your case too many lines of credit increases your available credit. This is definitely a negative factor and drops your score. Infact your lenders or creditors will never provide you with any loan if they find such high availability of credit in your report. However if you have too many open credits at this point it would be prudent to close comparatively newer accounts. Closing old accounts affect the history of your credit report which affects 35% of your credit score. Closing old accounts will definitely affect your credit score.
_________________
Regards,
Laura.

ms. ruby
Guest

Subject: HSDC Retail Services 800-365 6538 see other website

Tue Apr 15, 2008 8:46 am

whocalled.us/lookup/8009591373

I think they are scamming. A lot of people get calls from them wanting to talk to a person who doesn't live there. They get quite rude if you want more info from them before you tell them that the person doesn't live at your house. They make about 6 -10 calls a day to your house sometimes, and if you hangup, they will call back in about 5 minutes and continue to keep calling. I am on a do not call list.

I think it is a scam, because why are so many people getting calls from them requesting to speak to people who don't live there. In my case, they requested to speak to someone with the same last name as my ex-husband, but the first name didn't fit. There are too many other people experiencing the same calls asking for people who don't live there.

Sometimes when you answer, they have a recording telling you that they are extremely busy and to please wait. I am wondering if this is some tactic to get you to hold and then talk so that they can somehow connect your phone to their computer and spy on you??? I reported them to the FBI and also FCC, but from what I have seen, others have also, and it doesn't seem like anything is changing about this problem.

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1407

34596 Magic Points

Wed Apr 16, 2008 5:06 am

First report to the FTC. Usually it works. As you are already on a do not call list you will not get sales or promo calls but these kind of calls cannot be stopped unless you go the legal way. Other community members will have better answers to this.
_________________
Regards,
Laura.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 3236

1048 Magic Points

Sun Apr 27, 2008 2:30 am

I really feel for you MS. Ruby O am going through the exact same thing as you. You can in fact reprot them or even threaten to but they mostly just sell the debt.

Larry
Guest

Subject: my credit report contains HSBC/BSBUY

Sun Apr 27, 2008 5:18 pm

So I assume it's Best Buy...

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1407

34596 Magic Points

Mon Apr 28, 2008 11:26 am

Yes Larry,

It is the best Buy. Anything wrong now?
_________________
Regards,
Laura.

Chrissy
Guest

Subject: HSBC/RS

Fri Nov 21, 2008 11:16 pm

1-800-365-6538 Call this number! She was great and told me exactly which store it was for!

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 3236

1048 Magic Points

Tue Nov 25, 2008 12:08 pm

What is this number for. Can anyone use it to find out the original store? That would be good if they set up a number like this.

Billie
Guest

Subject: old account on credit report

Fri Dec 26, 2008 4:14 am

I have a old account with home depot. Is it true that if I close this accoujt it will lower my credit score

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 3236

1048 Magic Points

Sun Dec 28, 2008 10:16 pm

Yes and the older the account the worse damage it may do. If this account is in good standing..all payments made on time ..then it really could lower your credit score. I would rethink closing it. Do you have any accounts that are as old as this one and in good standing? That may lessen the damage but still if it isn't nbothering you why not just leave it open?

carol

Joined: 27 Jun 2006
carol's page
Posts: 459

12271 Magic Points

Mon Dec 29, 2008 8:34 am

As far as I know, home deport is neither a credit company from which you can take a loan nor a credit card company. It is a online shopping account where you need to pay first and then get the thing you want. It does not report to the credit bureaus and so it has nothing to do with your credit score. I think that if you can close down the account, there will be no problem with your credit score.
_________________
Keep in touch
Carol

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