Exactly what counts in the evaluation of your account age is a gray area. There is a considerable amount of anecdotal evidence that points to closed accounts as being factored in your credit score when it comes to account age. I have an account from when I was just out of college that was closed 4 years ago. The next newer account on my report was opened 5 years later. However, my myFICO scoring analysis remarks on the length of my credit history with a number of years that correspond to this first, closed account. It's apparent to me that so long as this report appears on my report (10 years for date of last activity), it will continue to make a positive contribution to my score. If this is a relatively young account vs. others reporting on your report, then it's likely to your advantage to seek removal. Otherwise, I might reconsider. I just little over than a year, nothing more adverse than 30 day delinquencies will remain on your tradeline. And I presume that it's likely those will clear in the next couple of years. This is the route I chose with my old account -- and I had over a dozen late payments on records. I'm down to 3 30-days that will clear next year and the tradeline will be intact for another 5 years.
