How Long Does it Take to Close a Credit Card Account?

Author: Angel
Posted: Thu Sep 11, 2003 12:29 am
Post subject: OMG 2 months to close account.

okay i called capital one tonight to close my account with them. the guy really seemed dumb but i was friendly. i asked him if it would take 30 days to cycle the account out and then report closed to credit bureau. he said no that it will take 2 months and will be reported closed by december. i was like okay. why does it take so long? does anyone have an idea?

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Auhtor: Eugene
Posted: Thu Sep 11, 2003 2:33 am
Post subject: How Long Does it Take to Close a Credit Card Account?

Closing the account will be done sooner, but it will be reported closed to credit bureaus by when he said. That makes sense to me. Some credit issuers do not even report every month (although most majors do).

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