@Anonymous wrote:
I currently have 5 CC's including a Merrick a 3 bucks a month. Plus a store card and car loan.
My Fico 8's are TU-706 EX-721 EQ 727.
I just PFD my last CA to PRA and that is showing an 15 point increase with the pre deletion thing that they do(Not reflected in scores above).
Sorry to go on but have been accused of giving too little info.
My Question is if I cancel the Merrick will it affect my scores? I have had it two years and my AAOA is 4.6 years. I believe that since it keeps reporting for 7 years it won't matter as I have enough cards and im planning on opening another one or two.
Thanks
Get rid of it. Don't even think twice about it.
If it's your oldest card, yes -- 10 years from now having closed it today might cost you a couple of points. So what.
