Re: Closing Aged Accounts.. Yes It Is Ok
03-04-2008 04:24 PM
Just read the string about the Amex Oasis program and others with problems with Amex.... and now the thread on closing accounts and aging. I am working on rebuilding my credit scores from some stupid and lazy mistakes....while I am making great progress thanks to the folks here...moved both wife and my credit score over 75 points in the last 6 weeks...expect another 50 point in the next month or two as a few more fixes hit the reports. Biggest issue now is I closed most of my cards 3-4 years ago and replaced them...so my "open" credit age is pretty short and counting against me on the scores. I bring this up here because one of the cards I had closed after having it open since 1986 is an Amex. I thought I read somewhere here about getting a closed account --with no negatives -- re-opened. If that is the case I would love to re-open this card so I can get a boost in my "credit age". Any advice on how to do this? Thanks
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