What does Potentially Negative Closed mean on your credit report?

Question

I was lookin at my credit report and there are some items that say potentially negative and the others say potentially negative close. What does it mean?

Answer 1

Potentially negative close means that a creditor closed your account, not you.  Generally, it's considered bad news if an account is closed by the creditor.  I had a credit card I rarely used and the issuer sent me a letter one year saying that since my student loan balance was higher than my income, they weren't renewing my credit card.  That was a potentially negative close.  I didn't do anything wrong and there were no problems with the account but the card issuer made the decision to close the account.

Potentially negative means just that.  It could mean a slow payment history where you weren't really late just kinda late on payments or that you kept overrunning your credit limit.  It's not a horrible mark on your credit but some creditors may view it unfavorably.

Answer 2

there is a free site than can help you up your credit score, http://www.cellsware.info/restorecredit . they pulled up my score about 50 points in two weeks and they helped out a lot!