will cancelling recently open accounts increase AAoA?

[Fico2Go]

Just wanted to ask some of the Vets on this board who has closed down recently opened accounts.  Will doing so increase AAoA? 

I am carrying some cards with duplicate benefits and want to retire them.  If cancelling will increase AAoA I might just cancel and position for future APPS.

[yellowcake]

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@Fico2Go wrote:

Just wanted to ask some of the Vets on this board who has closed down recently opened accounts.  Will doing so increase AAoA? 

I am carrying some cards with duplicate benefits and want to retire them.  If cancelling will increase AAoA I might just cancel and position for future APPS.

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No, it won't.  Once the account hits your report, it stays on and impacts your AAoA regardless of open/closed status until it's falls off, which is usually several years after it gets closed. 

[fltn]

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@Fico2Go wrote:

Just wanted to ask some of the Vets on this board who has closed down recently opened accounts.  Will doing so increase AAoA? 

I am carrying some cards with duplicate benefits and want to retire them.  If cancelling will increase AAoA I might just cancel and position for future APPS.

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No it won't increase. Those accounts will still be on your report for 10 years after you close them. Once they are there, there is no going back.

[Fico2Go]

Thanks guys.  hmmmm.  All of the sudden I am in the mood to find an old collection account which can be settled as paid as agreed. 

[gdale6]

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@Fico2Go wrote:

Thanks guys.  hmmmm.  All of the sudden I am in the mood to find an old collection account which can be settled as paid as agreed. 

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Collection accounts do not accrue to AAoA only OCs do.

[Fico2Go]

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@gdale6 wrote:

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Collection accounts do not accrue to AAoA only OCs do.

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Do you mean COs as in charged off accounts? 

[clocktick]

The only way I see you increasing your AAOA (and not recommending it, just saying) is by opening another Amex.  It would backdate to Feb. 2013.  But if my math's correct, it wouldn't even double your AAOA. 

[Fico2Go]

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@clocktick wrote:

The only way I see you increasing your AAOA (and not recommending it, just saying) is by opening another Amex.  It would backdate to Feb. 2013.  But if my math's correct, it wouldn't even double your AAOA. 

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Yes apping for AMEX BC is on schedule after 90 days.  I recently apped and it was cancelled automatically since my BCP is under 90 days.  Called to request manual review and appliction was cancelled again.  Looks like I'll have to wait for the 90 mark. 

I also have an old account from 1997 with CHASE which had been sold/assigned to a debt buyer.  I am thinking if somehow I could ressurect this account to report acct open dated of 1997 and paid as agreed.. there is possibility.

[gdale6]

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@Fico2Go wrote:

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@gdale6 wrote:

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Collection accounts do not accrue to AAoA only OCs do.

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Do you mean COs as in charged off accounts? 

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Not just COs, all open or closed accounts that report from an OC are considered in the AAoA calculation

[Fico2Go]

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@gdale6 wrote:

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@Fico2Go wrote:

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@gdale6 wrote:

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Collection accounts do not accrue to AAoA only OCs do.

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Do you mean COs as in charged off accounts? 

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Not just COs, all open or closed accounts that report from an OC are considered in the AAoA calculation

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AH!  I see.  SO it needs to be the orginal creditor reporting.