topic Re: Credit card question in Credit Cards

Credit card question

Gucci8 — Sat, 01 Jun 2013 09:12:06 GMT

Hi guys,

I had a question about the age of accounts on my credit score. I got my first credit card 2 and a half years ago. Since then I have been able to get 2 other credit cards and a car under my name. Now I want to close my first card because it is a secured card for a super low limit and honestly its useless to me....But I want to keep my age of oldest account to at 2 and a half years. If I close this card will I loose my credit age history? Thanks for your help.

Re: Credit card question

OhioCPA — Sat, 01 Jun 2013 09:29:35 GMT

That card will still count as part of your AAoA once it is closed, as long as it reports. Closed accounts generally report for ten years after the date the account is closed.

Re: Credit card question

SnackTrader — Sat, 01 Jun 2013 12:24:41 GMT

http://ficoforums.myfico.com/t5/Credit-Cards/Closing-Credit-Cards/td-p/347190

Re: Credit card question

Gucci8 — Sat, 01 Jun 2013 20:26:07 GMT

This link is perfect. Thanks alot

Re: Credit card question

Gucci8 — Sat, 01 Jun 2013 20:26:33 GMT

Thanks for your help

Re: Credit card question

SnackTrader — Sun, 02 Jun 2013 13:18:07 GMT

Anytime, welcome to the forums!