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Frequent Contributor
SevenNEW
Posts: 470
Registered: ‎08-24-2011

Re: Do I have too many cards?

[ Edited ]

Eiyanne wrote:
AAoA?

Average Age of Accounts. See the Common Abbreviation sticky.

SevenNEW, Zen Gardener - "Think about it, the garden is better than the Orchard!!"
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New Member
Eiyanne
Posts: 15
Registered: ‎08-27-2011

Re: Do I have too many cards?

I'm in the preocess of paying down my debt. The biggest hit that I take is a high utilization. When, I ever get my debt paid down, and my 2 baddies fall off, I calculate by next June. My fico scores will be over 750 and I can' t wait. It's been long time coming.
Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010

Re: Do I have too many cards?


Eiyanne wrote:
I am now getting prime cards, I want to close out my old Household credit card, but it has the longest history. Macy's is next by 2 mos. Ive had both since 2005, what do you guys think?

I suggest waiting on Household until Captial One takes it over, and see what they do with it.  I don't see the point in closing Macy's.

New Member
Eiyanne
Posts: 15
Registered: ‎08-27-2011

Re: Do I have too many cards?

I forgot about that change, good tip. Thanks
Senior Contributor
score_building
Posts: 3,513
Registered: ‎01-10-2008

Re: Do I have too many cards?


Wolf3 wrote:

Eiyanne wrote:
I am now getting prime cards, I want to close out my old Household credit card, but it has the longest history. Macy's is next by 2 mos. Ive had both since 2005, what do you guys think?

I suggest waiting on Household until Captial One takes it over, and see what they do with it.  I don't see the point in closing Macy's.


+1

though wouldn't necessarily be holding out too much hope that the cap1 take over will lead to significantly better terms or customer/card services.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)

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