Originally Posted by
Chelski
doesn’t automatically increase ur utilization if utilization=$0 or u trnsfr ute to a different card.
Also, who closed may not be important for next cc but can come into play if need a human review or worse yet auto loan or mortgage. Anything considered derogatory can impact other credit types. Creditors want to know if it was closed in good standing or closed due to delinquency.
Closures by issuers do not equal to delinquency.
There are many closures by issuers that have NOTHING to do with any negatives other than inactivities - the most common reason.