Re: Closing Aged Accounts.. Yes It Is Ok
07-31-2007 11:15 AM
Yes, it counts towards your history as a seven year old card. And the 10 yr clock for its removal begins on the date you closed it, not when it was opened.
OK, tell me if I've got this right:Say I have a five-year old card. I close it today. Two years from today, does it count towards my history as a seven-year old card? It's not frozen in time today when I close it as a five-year old?