If you have a bank laon for a term of 12-24 months and pay it off in 3 months how long is it an affecting mfactor that it will be a new account? In other words how long will it be labled a new account even though it was paid off in 3 months. I know the score will not really go up because I did not have 6 months minimum of payments. But new account status, how long ebfore that is no longer a determining factor. Anyone please!!!
