AAOA- closed card then re-opened

bigblue7722 · ‎06-29-2013

my fiance had a victoria secrect credit card from dec 2005 till sept 2007. I just had her do the shopping cart trick and she was approved again with 500 dollar limit so i am wondering how that will affect her aaoa? Will it be two different accounts or will it be back dated to when she first opened the card? Thanks

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

Revelate · ‎06-29-2013

@bigblue7722 wrote:
my fiance had a victoria secrect credit card from dec 2005 till sept 2007. I just had her do the shopping cart trick and she was approved again with 500 dollar limit so i am wondering how that will affect her aaoa? Will it be two different accounts or will it be back dated to when she first opened the card? Thanks

Almost assuredly will be a new account and affect AAoA the same way any other new tradeline will.

bigblue7722 · ‎06-29-2013

@Revelate wrote:
@bigblue7722 wrote:
my fiance had a victoria secrect credit card from dec 2005 till sept 2007. I just had her do the shopping cart trick and she was approved again with 500 dollar limit so i am wondering how that will affect her aaoa? Will it be two different accounts or will it be back dated to when she first opened the card? Thanks
Almost assuredly will be a new account and affect AAoA the same way any other new tradeline will.

Ok thats what i thought thank you

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

pizzadude · ‎06-29-2013

+1. Almost all creditors will create a new account ~ very few ( if any ) will re~open a previously closed account.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX

Chris3k2 · ‎06-29-2013

Not to hijack the thread but I have a question that's kinda close to the topic. My mom has a jcpenny store or credit card that she's had for 7+ years and she had it closed and then probably about 3 or so years she had it reopened. If it was reopened does it keep the previous history or is it treated as a new account and lose the previous history?

I hope I made sense

Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX

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Revelate · ‎06-29-2013

@Chris3k2 wrote:
Not to hijack the thread but I have a question that's kinda close to the topic. My mom has a jcpenny store or credit card that she's had for 7+ years and she had it closed and then probably about 3 or so years she had it reopened. If it was reopened does it keep the previous history or is it treated as a new account and lose the previous history?

I hope I made sense

In virtually all cases it's two seperate tradelines:

The old one with it's own history
The new one with it's own history

I'm struggling to think of any lender which does it differently under 99% of the circumstances.

Chris3k2 · ‎06-29-2013

Ok. Thanks for the reply. Man that sucks. I need her history to gain 12 more points for usda approval for lender.

Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX

Take the myFICO Fitness Challenge

09Lexie · ‎06-29-2013

How's her util?

Closing Credit Cards

The Definitive Amex 3X CLI Guide

Frequently Requested Threads

Chris3k2 · ‎06-29-2013

She said its got a low amount or she could pay whatever little amount she had off

Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX

Take the myFICO Fitness Challenge

09Lexie · ‎06-29-2013

What's her util? Over 10%?

Closing Credit Cards

The Definitive Amex 3X CLI Guide

Frequently Requested Threads