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How does an never used credit card report on your credit report?

laurence asked:


If I have a credit card that I do not use, how does this account reflect on my credit report? Does it show an open account in good standing?

Annie
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This entry was posted on Wednesday, July 29th, 2009 at 9:36 am and is filed under Credit Questions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “How does an never used credit card report on your credit report?”

  1. mel mel Says:
    July 29th, 2009 at 8:10 pm

    every time you even fill out the application it shows a hit on the report.

  2. Mr. Mike Says:
    August 2nd, 2009 at 3:41 am

    It shows an open account with a potential for debt. Depending on how high your limit is on this card, it could hurt your overall score.

    Best to charge a couple of things on it and keep a low balance. Pay it off completely a couple of times a year.

    Credit scoring is like voodoo.

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