Steve
Bradenton,#2Consumer Comment
Mon, April 04, 2011
You had a long term account as you stated for approx 15 years with a perfect payment history.
You hastily closed that account over a simple late payment fee.
What you actually did was hurt yourself because you closed an account with 15 years longevity for credit scoring purposes. Depending of your mix of credit usage, this could impact your credit score by as much as 50 points!
You should have just stepped back and taken a deep breath and either called back the next day, or put your request in writing.
Your actions did not at all hurt Chevron, Texaco, or GE Money.
They could care less.
It is sad, but true, and even though I don't agree with that attitude of big business, it is the way it is.