Yeah, it was just a question so I could make sure I was understanding the concept. I can't let it be the one to carry a balance since it only reports to transunion unfortunately. Thanks!
When you close an account, it can stay on your CR for up to 10 years.
All accounts on your CR go towards your average ages. Therefore it can still theoretically contribute for 10 years. There have been reports of tradelines being removed in as little as a year, however.
Also while the AU account will factor in the older scores, there is no guarantee that it will count in version 8 and newer. (There is an anti-abuse algorithm designed to discourage tradeline renting.)
I’m sorry to come back right after leaving. I was wondering what you meant by this, will it not help my account?
When do they and do not count for Fico 8? What's the key factor on it actually being accounted for?
I'm hoping that it counts toward my Fico 8. We share the same last name and address so hopefully it does. I'm reading it now on my way to work.
One other quick note. When you check those dates under CK, keep in mind they may fluctuate a day or so, depending on the month.
I'm sorry, which dates? I'm a bit confused.