FICO Score Question

[IncredibleHoss]

So this is my situation and I am not an expert in credit but have a good sense of how to attain and keep a solid score.

Here is my deal.

I have 3 total credit cards
1) Amex Gold Charge Card. No limit just pay in full every month. Member since 1994

2) Wells Fargo Credit Card: 1600 limit (400$ balance)

3) Chase Credit Card: 8,000 limit (1k balance)

The chase card I have had for about 2 years and wells Fargo for about 5.

I really want to just close out wells Fargo and keep 2 Credit cards. I know this will hurt my remaining credit available and clear a trade-line.

FICO with Equifax, transunion and experian range anywhere from 720-745.

Would paying off and closing my WF card impact my score in a negative way?

Thanks

 

[PICK3]

So this is my situation and I am not an expert in credit but have a good sense of how to attain and keep a solid score.

Here is my deal.

I have 3 total credit cards
1) Amex Gold Charge Card. No limit just pay in full every month. Member since 1994

2) Wells Fargo Credit Card: 1600 limit (400$ balance)

3) Chase Credit Card: 8,000 limit (1k balance)

The chase card I have had for about 2 years and wells Fargo for about 5.

I really want to just close out wells Fargo and keep 2 Credit cards. I know this will hurt my remaining credit available and clear a trade-line.

FICO with Equifax, transunion and experian range anywhere from 720-745.

Would paying off and closing my WF card impact my score in a negative way?

Thanks

maybe short term

why do you want to close it?

 

[PICK3]

Will closing a credit card account help my FICO score?

 

[digimon7068]

 

[digimon7068]

mitch and i were bragging up our scores back in july...i won

 

[PICK3]

mitch and i were bragging up our scores back in july...i won

my last check was excellent but mid-pack ... i think 780ish

knot owning real property keeps me from being top

 

[digimon7068]

my last check was excellent but mid-pack ... i think 780ish

knot owning real property keeps me from being top

i have about 4 yrs left to pay on my mortgage, i have one car loan that is under $200 per month and i have 3 credit cards, but i only use one of them (for probably 5 years now)...i don't even know where the other 2 cards are...probably ought to close the fuckers...and i have no clue what my lines of credit are on each card

 

[IncredibleHoss]

maybe short term

why do you want to close it?

Just to Forget about it. I Just would like my amex charge card and 8k limit card.

Wf dropped my limit fot closing my deposit relationship with them. Never had a late pay, never will.

 

[PICK3]

i have about 4 yrs left to pay on my mortgage, i have one car loan that is under $200 per month and i have 3 credit cards, but i only use one of them (for probably 5 years now)...i don't even know where the other 2 cards are...probably ought to close the fuckers...and i have no clue what my lines of credit are on each card

i don't think closing cards with long positive histories is advised

 

[JWBurns]

mitch and i were bragging up our scores back in july...i won

Your score from Equifax Complete is a FAKO score, and doesn't mean jack. It's not a true indication of your actual FICO score at all