Card showing on CR but Inactive - what to do?

[JessMN]

In checking my CR, i see that TransUnion shows a Firestone card I had 5+ years ago and only ever used once as active - shows the high balance but no credit limit. Experian (or was it Equifax, I don't have it in front of me, shoot) shows the same card as inactive. I called the card issuers and they say there is no active card under my social security #. So.... the question is, Should I leave it on the CR since it shows as satisfactorily paid, even though I guess its no longer open? Does the lack of credit limit affect my credit score? Or do I contact the CR agency and tell them it was closed?

[df04527]

It's always best to leave positive reporting items reporting. Removing it could actually lower your score. If you question the card limit they will more than likely delete it as it can't be verified with the issuer. I would leave it alone. With a zero balance and no activity for 5 years there is little to no difference it would make in your score.

hth

[JessMN]

That's what I was thinking, but since its not showing a credit limit its not being factored into utilization ratio anyway, so thats where I was wondering if I shouldhave them mark it closed.

[df04527]

If you ask them to close it - they will verify it with the issuer. You take a chance they will delete it because of no info for that SS. I would leave it as it's reporting as a positive account and that counts bigger than utilization ratio's. I have a pie chart somewhere that shows what percentage of what the score is comprised of. 35% is this, 10% is that etc. I'll see if I can find it.

Found it but I can't get the pie chart here but it goes like this:

35% of your score is determined by payment history
30% of your score is determined by amounts owed
15% of your score is determined by your length of credit history
10% of your score is determined by NEW credit
10% of your score is determined by "Types" of credit used (credit cards, auto loans, mortgages etc)