If there are no monthly or annual fees just cut toss em in a drawer. Accounts will age on their own and the companys will eventually close on you.
Leaving them open until the company closes them gives you a few more years on your AAoA.
(closing now gets you 10 years, company closing them in 2 years will get ya 10 years plus the 2 the account was still open)
No point to close them now, maybe youll want to use them next year
Finished reading the replys, looks like mine was already said.
Sooooo, I agree with everyone who said the same as I did
Thanks everyone for the nice comments and feedback so far. Again I am just trying to place myself in a good spot and help to continue to build my score and see things change in the long run for me. My main concern was that I dont want to have 10 lines of credit opened if it is going ot hurt me in the long run of things when considering other cards in the future. On paper if it imakes more sense for me to close some of the newly opened accounts that I wont use then I want to do that if it helps me continue to rise in score over time. I have been with Lexington Law Firm since April 2014 and at that time my score was in the mid 500 range and as of today I am just under per Fico 700. My goal is to get over that 700 range on all 3 bureaus. Overall I am just trying to make the best decisions. I do my research on these cards before I have applied and none of them have annual fees just high APR. I am also not to sound dumb have no idea what AAoA means.
WIth all that being said can anyone else chime in on what would be the best step for me where I am standing today?
Thank you for replying back with the information on everything. I am still undecided on what to do but I do appreciate the insight and hopefully this type of material will help me going forward.