Reply
Regular Contributor
Posts: 227
Registered: ‎06-01-2011
0

Re: Time to hit the garden...

[ Edited ]
Maybe.

So those two Amexs are AU accounts?

You may be able to backdate YOUR Amex account to one of those.
BK to fall off 2/12 - DONE!
myFICO (6-14-11): EX ?, EQ 684, TU 713
FICO (5-17-12): EX: 731
CreditSecure FAKOs (6-14-11): EX 745, EQ 661, TU 654
CreditSecure FAKOs (5-17-12): EX 732, EQ 671, TU 697
Goal: 760 across the board
Valued Contributor
Posts: 1,285
Registered: ‎05-13-2010
0

Re: Time to hit the garden...


danpass wrote:
Maybe.

So those two Amexs are AU accounts?

You may be able to backdate YOUR Amex account to one of those.

I asked Amex about this when I applied, and was told its a no-go.  I'm a bit hesitant to ask for any more favors from them at this point, I'm just grateful to have the card.

BofA Cash Rewards VS - $10k/9.99% | Citi Dividend World MC - $12.1k/11.99% | Amex BCE - $20k/10.24% | Chase Freedom VS- $10k/15.24% | Barclay Ring $5k/8.0% | Discover it - $19k/11.99%
Moderator Emeritus
Posts: 4,470
Registered: ‎12-31-2008
0

Re: Time to hit the garden...

Your very own AmEx should date back to the year you became an AU.

 

If you became an AU in 2011, well, then, there you have it.  But if you became an AU in 2010 or 2002 or whatever, then it should backdate to that year.

 

 

I would so strongly consider keeping open your AU Discover card that was opened in 2002 and rarely carries a balance - you need the age.  I would also keep the AU on the 1981 Amex.  Figure out your utilization - with that card reporting a balance, it looks like you'll still be below 9% (I'm not in a math mood).  Just let your other accounts report zero.  Giving up that age will hit you FICO-wise.  In fact, I think I would hold on to the AU Amex 2000 card as well.  Very low balance - and 11 years of age.  That's kinda golden.

 

 

The Chase AU I think you can easily let go of.  The others are serving you very very very well.  Don't shoot yourself in the foot in an effort to tidy things up.  :smileywink:

 

 

 

Just puttin' syrup on something, don't make it pancakes.
Valued Contributor
Posts: 1,285
Registered: ‎05-13-2010
0

Re: Time to hit the garden...

So I became an AU in 2011, so that point is moot.

 

I intend to keep open the Discover AU card.  And the Amex 1981 card doesn't seem to affect my utilization.  I suppose I can hold the 2000, too.  Calling to drop the Chase card as I post.

 

So then I would have

Zync report balance

Green report balance

Gold report balance

BofA report balance

Citi report 0

Discover report 0

Discover report 0

Chase report 0

 

Seems decent...  beamMEup, what are your thoughts on dropping GEMB/Amazon?

BofA Cash Rewards VS - $10k/9.99% | Citi Dividend World MC - $12.1k/11.99% | Amex BCE - $20k/10.24% | Chase Freedom VS- $10k/15.24% | Barclay Ring $5k/8.0% | Discover it - $19k/11.99%
Moderator Emeritus
Posts: 4,470
Registered: ‎12-31-2008
0

Re: Time to hit the garden...

With four accounts reporting a balance, you wanna keep any zero reporting account open and in good standing.  IMO they are likely helping your FICO score.

 

I will pull back from my earlier recommendation to close Amazon, based on that issue.  IMO - Keep 'er open til you get your number of accounts reporting a balance down.

Then, at that point, do the math and check your utilization before making any decision to close.  Especially if it's a no AF account. 

 

 

 

 

 

Just puttin' syrup on something, don't make it pancakes.
Established Contributor
Posts: 620
Registered: ‎08-14-2010
0

Re: Time to hit the garden...

I'll join ya :smileyvery-happy:

______________________________________________________________________________________________________________

All human wisdom is summed up in two words - wait and hope.

-Alexander Dumas
Contributor
Posts: 132
Registered: ‎12-07-2010
0

Re: Time to hit the garden...

+1 I think I'm gonna have to join you in the garden as well.

 

4 new accounts in 2 months (and one is PSECU Combo so it reports twice >_<)


Starting Score: EX FICO: Unknown EQ FICO: 717 TU (CreditKarma): 713
Current Score: EX FICO: 737 EQ FICO: 752 TU (CreditKarma): 717
Goal Score: EX FICO: 760 EQ FICO: 760 TU (CreditKarma): 760


Take the FICO Fitness Challenge

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.