07-19-2010 04:26 PM
I am pretty fortunate to have a credit score at 780. However, where I struggle is in age of credit card. I mistakenly closed 3 old cards, though they are still on my report for a few more years.
I have opened 5 new accounts since 2008 which is having a negative affect on my aging. I am trying to figure out how to get the aging score increased. Based on what I have read, I should continue to keep the new accounts open, despite what they are doing to my score. Is this correct?
Any other suggestions?
07-19-2010 04:39 PM
You have already taken the hit for opening new accounts, so closing them now will not help you.
^^^ that and don't open any more accounts. You could also maybe become an AU on someone's old account to add it to your AAOA.
07-19-2010 05:59 PM
I think I phrased this wrong. 780 is a good score, I am not complaining. I screwed up and closed some old cards and opened some new ones. Based on the comments, there is not much I can do but let them mature and age and when my old closed ones go off, hopefully it wont hurt my scores too much.
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