05-24-2011, 09:42 PM
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#27
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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Why Creditors Close Inactive Accounts
Quote:
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Closing your unused credit card gives the card issuer the ability to extend that credit limit to someone who's going to use it. In other words, that's someone who's going to make charges and incur interest. It's simply a business decision all lenders have to make at some point.
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some links here ...
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"like strapping a pillow on a bull in a china shop" Bullitt
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