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Close Milestone?

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getridofccdebt
New Contributor

Close Milestone?

Hi Guys

 

Hope everyone is well and healthy. I opened Milestone as a rebuilder after a Chapter 7. I have since gotten better cards and don;t want to pay the annual fee. Is it ok to close? It will affect my age of accounts? It's a crap card with a $300 limit and will never increase.

Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Close Milestone?

Close it. It'll report and contribute to aging metrics for up to ten more years. Onward and upward.

Message 2 of 3
coreyb80
Super Contributor

Re: Close Milestone?


@Anonymous wrote:

Close it. It'll report and contribute to aging metrics for up to ten more years. Onward and upward.


Best advice.  Card won't grow and serves no purpose once you've moved on.  I'll be closing mine next year.

Message 3 of 3
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