CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
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Why does the status of closed credit cards show as inactive?
Closed Status of Credit Cards
Responded by:Responded on15th Apr 2016
While you may have closed a Credit Card, it is possible that the concerned bank has stopped reporting transactions on that Credit Card to the credit bureaus, but not actually reported the Card as CLOSED. If no transactions are reported on a Credit Card for (three months), the credit bureau would generally update the status of that Card as Inactive.