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Should I close credit one?

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HeavenOhio
Senior Contributor

Re: Should I close credit one?

When people are building or rebuilding, they might start out with a company like Credit One. But they're going to follow up with new (and better) cards soon after that. Even if Credit One is your oldest account, your subsequent accounts aren't going to be that much newer. Your oldest account age and your average age of accounts aren't going to be affected by enough to matter. Getting Credit One out of your hair is going to matter a whole lot more. In this case, your sanity is the overriding factor.

Message 11 of 12
grillandwinemaster
Valued Contributor

Re: Should I close credit one?

You should have dropped Credit1 like a bad habit when you got your first Discover, Amex, and/or Cap1!! 


Current Scores 3/2016 Equifax 676 Transunion 697 Experian 648 Goal Scores: 720's accross the board. Gardening Goal: 3/2017
Message 12 of 12
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