https://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 <P>You will decrease your number of open TLs.&nbsp; The TLs will stay on your report and add AAoA for about 10 years before falling off.</P> Fri, 12 Oct 2012 17:06:59 GMT Shogun 2012-10-12T17:06:59Z https://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639622#M453275 <P>I am trying to consoliate credit limit into one card.<BR />(2 bofa card to 1, 3 chase cards to 1)<BR />I got some positive answers from the banks so far.<BR /><BR />If I can maintain the same credit line/limit and oldest account's history (open/activation date) after merging multiple cards into one,</P><P>will there be any change in my credit score?<BR /><BR />Assuming that all other things remain the same (balance, credit line, history).<BR />Only difference will be accounts closures thus less accounts.<BR /><BR />Basically, my question is whether "closing accounts" itself has negative impact on the score while debt to credit ratio and history remain the same.<BR /><BR /></P><P>I appreciate all inputs. Thank you for your time reading my post.</P> Fri, 12 Oct 2012 16:04:15 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639622#M453275 Anonymous 2012-10-12T16:04:15Z https://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 <P>You will decrease your number of open TLs.&nbsp; The TLs will stay on your report and add AAoA for about 10 years before falling off.</P> Fri, 12 Oct 2012 17:06:59 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Consolidating-credit-limit/m-p/1639734#M453317 Shogun 2012-10-12T17:06:59Z