Closed for inactivity?

[mxp114]

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@trumpet-205 wrote:

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@QAMngrGirl wrote:

I figured once every few months would be acceptable. Having a hard time finding anything to buy at Fingerhut lol

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If you are not using the account, close it. Closed account stays on your credit report for 10 years. So you won't see a hit on AAoA within these 10 years.

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This is just not always true unfortunately. It is up to 10 years but can fall off much sooner, especially if you have a large file. I had some excellent closed accounts that were deleted years before the 10 year mark with no explanation and no way to reinsert them.

[distantarray]

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@mxp114 wrote:

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@trumpet-205 wrote:

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@QAMngrGirl wrote:

I figured once every few months would be acceptable. Having a hard time finding anything to buy at Fingerhut lol

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If you are not using the account, close it. Closed account stays on your credit report for 10 years. So you won't see a hit on AAoA within these 10 years.

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This is just not always true unfortunately. It is up to 10 years but can fall off much sooner, especially if you have a large file. I had some excellent closed accounts that were deleted years before the 10 year mark with no explanation and no way to reinsert them.

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you could try the CFPB (consumer financial protections bureau)  they can slap CRA's silly.

[tennisfan78]

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@webhopper wrote:
Credit limit on jcp is $2400. On discover 5k....

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ok, Thank you!

[clocktick]

If you want it closed, just close it.  It makes no difference on a report who closes it.  If you want it open, use it every few months or so.

[maiden_girl]

My Macys account will probably be closed. I hardly shop there anymore.

I'm afraid Walmart will close my Discover card b/c I don't use it and haven't used it once since getting it 3 months ago. I only have it for the free FICO. Lol.