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Delete or not to Delete?

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pip3man
Valued Contributor

Delete or not to Delete?

I have a question regarding this Bank of America account. BOFA deleted the account from TU but it's still showing up on EX & EQ. The account is reporting a positive history and contributing to my AAoA a little however it's shows a high balance greater than the actual CL plus the "Closed by credit grantor" notation. Is it worth it to still keep this account hanging around on my report or should I just take a 1 year drop of my AAoA and delete it entirely.  The credit analyst from Chase had questioned me about this account and why it was closed. Even though it has a perfect payment history and adds one year to my AAoA but the fact that it was closed by the credit grantor and reports a high balance greater than the actual credit limit - which outweighs the other? I can easily get EX and EQ to remove it since I already have a confirmation letter from Bank of America authorizing it

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Shogun
Moderator Emeritus

Re: Delete or not to Delete?

It's an either or type of thing.  I'd just leave it alone.  If asked, I'd say I had stopped using it.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
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