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Frequent Contributor
jeffery581
Posts: 370
Registered: ‎03-26-2010
0

Closed account reporting

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?

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Frequent Contributor
nwokcguy
Posts: 351
Registered: ‎01-07-2012
0

Re: Closed account reporting

I've wondered this too.  I have one I closed in 05 reporting closed but with 0 balance every month.


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Guava
Posts: 767
Registered: ‎04-08-2011
0

Re: Closed account reporting

Closed account will continue to be on your report for ~10 years, and they still contribute to your AAoA


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JustMe77
Posts: 275
Registered: ‎05-27-2009
0

Re: Closed account reporting


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.  

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