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Should I close my $2,000 Cap1 Secured....

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guiness56
Epic Contributor

Re: Should I close my $2,000 Cap1 Secured....

No it does not.  AAoA factors both open and closed accounts.  This is for FICO scoring. 

 

Your AAoA changed because you opened new lines of credit all at the same time.  This will definitely change your AAoA.

 

 

 

 

Message 11 of 12
J_G
Regular Contributor

Re: Should I close my $2,000 Cap1 Secured....

Guiness is right because they average and that is why it changed to 6 months that is why you have to watch out and not open a bunch of accounts in a short period :-( Good luck
7/1/13 - EQ = 593 TU = 578 EXP = 573 FICO
8/11/13 - EQ = 600 TU = 590 EXP = 603 FICO
10/1/13 - EQ = 611 TU = 689 EXP = 605 FICO
12/4/13 - EQ = 625 TU = 648 EXP = 604
Lender Pull 2/18/14 - EQ = 630 TU = 678 EXP = 594
Lender Pull 2/28/14 (EQ 640) (TU 660) (EX 655) Rapid re-score =)
9/30/14 - EQ = 660 TU = 710 EXP = 669
Message 12 of 12
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