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Is it normal to have a credit card that was closed to continue to report ok every month? Card that was closed in 2006 was last updated 11/11 as good, been closed since 2006. Is this normal?
I've wondered this too. I have one I closed in 05 reporting closed but with 0 balance every month.
Closed account will continue to be on your report for ~10 years, and they still contribute to your AAoA
@Guava wrote:Closed account will continue to be on your report for ~10 years, and they still contribute to your AAoA
+ 1
It's normal. This also helps maintain your AAoA. I think it's a common misconception that the account history is immediately lost once you close a card.