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AAoA Calculations...will closing these accounts INCREASE My Score?

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CYBERSAM
Senior Contributor

Re: AAoA Calculations...will closing these accounts INCREASE My Score?


@DaWhole9 wrote:

Gotcha...So to summarize..no positives other than no AF on those 2 particular dog cards.  The negatives will be those CL's will be removed from my available credit and that coud have a slight affect on utilisation.  Thanks!!


Yes! But you'll be much happier person because you no longer dealing with Credit One 🤑







                
Message 11 of 14
FireMedic1
Community Leader
Mega Contributor

Re: AAoA Calculations...will closing these accounts INCREASE My Score?

@DaWhole9Not to confuse you more. Vantage or CK does not count closed accounts with AAoA's. So their will be a drop there. But it doesnt matter. FICO runs the show. That may have put a little question in your mind.


Message 12 of 14
LendMeTheLoot
Established Member

Re: AAoA Calculations...will closing these accounts INCREASE My Score?

Your AAOA won't be affected and certainly won't increase with the closure of an account unless the trade line is completely deleted from your reports. This isn't super common. 

Message 13 of 14
LendMeTheLoot
Established Member

Re: AAoA Calculations...will closing these accounts INCREASE My Score?

Closed accounts do not continue aging. 

Message 14 of 14
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