What would y'all say (after having paid it off) are the chances of it being reopened? I had a ~8000 balance that I have paid off in six months.
First, good job on paying it off.
*edited re-read whole OP:
No, if Chase closed the account, they are done lending to you for a long time.
But seriously, even if you did get it reopened, you're gonna hate the interest rate you'll get.
I wouldn't reopen the account. And going through the hell of paying off a collections agency should be enough to make you want to stay away from all credit cards for awhile.
Paying off the debt was the best, and only thing, you could do to correct this mistake. For now, you can only make your situation worse by applying for more credit.
This post was edited on 2/21 at 6:21 pm