DECEIPT AND FRAUD

toedtoes wrote:

blangen wrote:
Keep in mind, OP, cancelling a card that already had charges is only cancelling an active card, not the application for a card. So, bottom line, the inquiry WILL be on your credit report and, in my opinion, you want that card to remain open for a month or two before you pay it off and cancel it. Otherwise, you will have an inquiry without a resulting trade line. If you keep it for a month or two, pay it off and, then, cancel it, you'll have a trade line showing paid as agreed and closed by customer. A much better outcome for your credit report.

Yes, I understand you didn't want the card at all. But it's done and you should be focused on your credit report.

Ps: If I understand you correctly, you already cancelled the card which precludes any further charges. What I would do is keep your stuff and pay for it... half this month, half next month. It might even be more prudent to split it into three monthly payments. In my opinion, this will be much better for your credit report.

As I mentioned before, the OP needs to write a letter to all three Credit Reporting agencies and have the INQUIRY/CREDIT CHECK AND THE CREDIT CARD removed from his report completely.

Whether it was a purposeful misleading or a simple misunderstanding, the OP did NOT request a new credit card and should not have to accept it in order to maintain his credit rating.

Sure, that outcome of complete removal may be possible but at what expense in time and frustration? It's also possible that those letters will become nothing more than a debtor statement and will further complicate the report/trade line.

I offered the advice of simply paying off the debt over the next few months and closing because A.)It's much simpler, B.)It's cleaner as it will produce a trade line that is "Paid as Agreed" and "Closed by Customer". Such a trade line can only help a credit report.