Question

So I got a notification that a smile generation credit card I use for the dentist was cancelled and my credit dropped a few points  I really liked having that card to supliment what my insurance doesn't cover. should I reapply? Will that affect my credit more? I'm working hard to improve my credit and buy a house early next year. would love some advice. Thanks  

Answer 1

I wouldn't apply for anything if you're planning on purchasing a home that soon!  

Answer 2

I would be finding out why it was cancelled first.  

Answer 3

I have Care Credit, but I've had it for years. Their regular APR is high, but they always have 0% interest for larger services,  

Answer 4

Was it closed bc you had no balance on it? I work at a dentist office at the front desk and patients have told me before that their care credit cc will be canceled/closed if they have no balance and havent used it in a while. We called care credit customer service and they suggested to just open up a new card. If I were you, I would call the credit card company's customer service department and ask why it was closed and what the options are. Good luck!  

Comments

Also depends on the type of cc, some are soft hits other are hard hits on your credit report. so prob worth asking which type of hit it would be if you did apply and/or open another card  

Answer 5

My husbands was closed in February for no reason. We were still making payments on it and had a promotional payment thats not due until the end of this month. Not sure why they closed it.