AU on Husband's Cap1

[CCOCD]

Need help deciding what to do.Husband has Cap1 since 6/06 Had 1 30day late 7/07.Should I stay AU on account because of history built or try to delete because of late pay?

CL $4000.00 Util $2400

[Anonymous]

Depends on what effect it is having on your credit.  Do you know what your current FICO scores are?  If you've got, say, a 750 score, then it's might not make much of a difference.

[CCOCD]

EQ 672 TU 686...#1 neg-Derog credit

                             #1 pos-Credit history

[Anonymous]

What would removing the account do to your AAoA and util?

[haulingthescoreup]

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@CCOCD wrote:

EQ 672 TU 686...#1 neg-Derog credit

                             #1 pos-Credit history

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The positive factors aren't really all that meaningful. It's more like that they are saying that your length of history is nice. But it's the negatives that drive the score.

What's your current age of oldest account and average age of accounts? If you came off his card, what would the figures be?

It might be that it sorta helps your length of history, but not all that much.

What are your other negatives, in order?

[CCOCD]

Oldest account 1999

Negatives

Chase off 3/11

Chase off 4/11

HSBC off 6/11

Citi auto 4 more years (totalled car and settled for $1500.00 less than balance.Didn't know it would affect credit.They offered it)

[CCOCD]

Last thing...average age is 5years.