Credit Report Questions Consumer
2010
Credit Report Question. Should this be removed? Is it bad or good?
I am going line by line through my credit report as I hope to buy a house next year. I am confused about several things, one of which I will ask here 
I have a credit card listed; here is what it says about it.
Date opened: 07/1998
Date Reported: 09/2000
Date of last activity: 10/1999
Current status: Pays as agreed
High Credit: $2,000
Credit limit: $0
Comments: Account closed at consumers request
From this information, should this have already been removed or should it be removed soon? Do I even want it to be removed as there is not bad information listed (except that I closed it).
I have another card on here with pretty much the same information except it was closed by the credit grantor although I did eventually pay it off. Should this be taken off after five years? Would I want it to be? Closed by the credit grantor is bad but is closed by the creditor bad…or neutral?
Thanks for your help! This stuff is very confusing : /
I agree with bdancer and CreditAlignment – they are positives and are helping you, not hurting.
The one that shows closed by credit granter is a positive account if it is reporting with no negative information – late pays, etc. Being closed by credit granter usually will not hurt. The only ones that generally notice are underwriters and it may make them wonder why the grantor closed it and not you – but overall, it won’t hurt.
Like the others said, positive accounts will report for at least 10 years, but there are many times they will report for quite a bit longer (if your lucky)
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