Closing oldest tradeline (AU acc)?

Discussion in 'Credit Talk' started by Denny, Jan 17, 2004.

  1. Denny

    Denny Well-Known Member

    How bad is it going to affect my credit score if I close my oldest tradeline â?? which is AU account (4 years)?

    And my credit history is less then 1 year old.

    Thanks,
    Denny
     
  2. jenz

    jenz Well-Known Member

    why are you closing it?
     
  3. Brad J

    Brad J Well-Known Member

    Don't do it. Being an AU raises your score and makes your history much longer, keeps B/L ratios low, etc. UNLESS the primary cardholder is in trouble and will be late soon. Being an AU can never hurt if in good standing.
     
  4. GEORGE

    GEORGE Well-Known Member

    AN "AU" CAN HURT...

    WHEN IT IS MAXED...
     

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