I am looking at a big purchase and was wondering if I should update some info on my credit report prior to doing so. I have 2 accounts that I have paid off (yipee). One was a Charge off (so I know that this one should be updated). The other account is closed, but it doesn't show that it is closed on the report. I have paid this one off as well. Will having this account pop up as "closed" hurt me more than showing it is paid off? I opened this account more than 10 years ago. I don't have that many things (as far as revolving credit) on my history, but this one shows that I am at the limit of credit (so it looks like I have maxed it out).