tbenz6876 wrote:Three of the cards were 3 years old and the other ones were less than a year. All 8 of them had very little CL $200 and $300.The major ones that I kept are fairly new as well but they have 5 and 10k CL.
In terms of age, all open and closed accounts are used in the calculation (except for my EX CR - they seem terribly confused about the age of my accounts )
berraco58 wrote:So this is new. Every time I've come across a thread where someone talks about the effects of closing a card and why its such a big no no, they give the impression that average age and length of credit history contribution from a CC stops when they become closed. Just like a closed account stops contributing to your util as far as CL is concerned.I haven't read that the effect is felt not when the card is closed but when it is finally deleted. Until now that is.