Valued Member
algorithmslave
Posts: 68
Registered: ‎09-10-2012
Re: Closing Aged Accounts.. Yes It Is Ok

The information provided here stands to reason. If it was not true it would not be fair, ie....if someone has two revolving accounts and two installment loans all with a late payment or two but closes all out with PIF and closes at consumer discretion, than only the negative would count and thus completly wreck ones score. This would not be an accurate snap shot of ones ability to manage credit. Thus by counting closed accounts, it would fix this issue. I think that made since........:smileysurprised:

You can wrap me in your flag, make me say a praise to your creator and make me spend your currency, but remember this, I am a loyal servant to Justice and a Patriot to none. I am free...