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Question on the Total Number of accounts

Super Contributor

Question on the Total Number of accounts

On all 3 reports from fico, I see a red flab next to the number of accounts. It is listed as 40 accounts with a red flag next to it. Out of 40 at least 25-28 are closed accounts. How much score hit am I seeing because of the red flag next to total number of accounts?
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1 REPLY
Moderator Emeritus

Re: Question on the Total Number of accounts

The score hit is minimal if any.

You are getting hit if it is reducing your avg age-



concorduser wrote:
On all 3 reports from fico, I see a red flab next to the number of accounts. It is listed as 40 accounts with a red flag next to it. Out of 40 at least 25-28 are closed accounts. How much score hit am I seeing because of the red flag next to total number of accounts?



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