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Ashley Stewart Credit Card

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manda
New Member

Ashley Stewart Credit Card

On my credit report it says paid closed. Is that a good thing? I thought when you pay and close an account it comes off your report. Im new to fixing my credit and so confused.
Message 1 of 3
2 REPLIES 2
user5387
Valued Contributor

Re: Ashley Stewart Credit Card

Closed accounts remain on your report for a period of years, and continue to factor into AAoA calculations.

 

As a separate matter, there are situations where an account is literally deleted, and disappears.  One time I disputed a paid off installment loan that was reporting incorrectly.  Instead of fixing the problem, the account was deleted.

 

Message 2 of 3
manda
New Member

Re: Ashley Stewart Credit Card

So its good that its paid and closed?
Message 3 of 3
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