Just thought I'd pass this along. I had a JCPenney account that belonged to my father showing up on my Equifax report. I never challenged it because it was R1 status and was opened in 1977. Just checked my report today via CW and found that for some reason it had dropped off my report. Last time I had checked was on 4/11 and it was there. This brought my "Length of credit history" down from 25 years 7 months to 7 years. With absolutely no other changes on my report this dropped my FICO from 750 to 716. Kirk
wow! sorry to read that! apparently, one road to the promised land of 800s is having an acct with a 25+ year history! besides being needed and fed, something else to look forward to when I'm 64! MisterX
With absolutely no other changes on my report this dropped my FICO from 750 to 716. =================== So now are you a greater credit risk or a potential sucker to bleed?
1*That or a few other next to imposible accomplishments.lol 2*You should have gotten started at 20 instead of waiting till you were 39.LOL
Same thing happened to me. Lost my relatives 20+ years old account that reported on my credit a few months ago. I lost about 60 - 70 FICO points. My oldest account is now 5+ years old.
