Hello!
I just had a quick question regarding my credit. I am 19 years old and have 15 accounts being reported. My average age is 1 yr 5 mos.
I was added as an authorized user before I turned 18 on two credit cards. They are both capital one credit cards I believe quicksilvers. One of the credit cards has an $1800 limit that gets used for daily purchases and pretty much paid off at end of month. The other card has a balance of $2644 which gets slowly paid down every month. The credit limit on that card is $7000. Both cards were opened in 2007. My fico is currently 719. I am wondering if by removing those accounts just because I don't need them anymore would it be a positive in any way? Does age of a card like that as an authorized user matter? Or should I just remove both cards to reduce util and will that boost my score at all? I use credit for rewards. I try to open up a ton of cards and make a small purchase every year to keep them open. Any advice would be appreciated.
The only thing that I am thinking is that you reduce available credit by $8800 just to reduce $2700. Counters eachother out.
Thanks!
