http://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 <p>You will decrease your number of open TLs.  The TLs will stay on your report and add AAoA for about 10 years before falling off.</p> Fri, 12 Oct 2012 17:06:59 GMT Shogun 2012-10-12T17:06:59Z http://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639622#M453275 <p>I am trying to consoliate credit limit into one card.<br>(2 bofa card to 1, 3 chase cards to 1)<br>I got some positive answers from the banks so far.<br><br>If I can maintain the same credit line/limit and oldest account's history (open/activation date) after merging multiple cards into one,</p><p>will there be any change in my credit score?<br><br>Assuming that all other things remain the same (balance, credit line, history).<br>Only difference will be accounts closures thus less accounts.<br><br>Basically, my question is whether &quot;closing accounts&quot; itself has negative impact on the score while debt to credit ratio and history remain the same.<br><br></p><p>I appreciate all inputs. Thank you for your time reading my post.</p> Fri, 12 Oct 2012 16:04:15 GMT http://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639622#M453275 sjf0sauf09u109 2012-10-12T16:04:15Z http://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 <p>You will decrease your number of open TLs.  The TLs will stay on your report and add AAoA for about 10 years before falling off.</p> Fri, 12 Oct 2012 17:06:59 GMT http://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 Shogun 2012-10-12T17:06:59Z