If you report a credit card stolen, can they deny you one?

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3 Comments

  1. rtfm says:

    Sue

    If you don’t plan to use the card, and only want to prevent his parents from using it, why not just cancel the account?

  2. Freemon J says:

    Mark

    they are compairing with the past credit report and now because of the ecnomic times they will deny one

  3. Jason Alexanders says:

    Rodney

    Wait for the cancellation notice in the mail. Sign up for another card at a credit union prior to such a notice. Even a $500 limit can protect your credit profile if you only charge a $5 item each month on that card.

    It’s all about debt/credit limit ratio. Keep your debt on your cards low compared to your total credit limit and you will do well.

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