I have a question. I recently combined 2 cap one accounts into 1. The 2nd account was fairly new (only 3 months) and was dragging down my score. Now it should show "closed by consumer". Does anybody know if the scoring system still rates that as a "new" account even though it is now closed?
I don't know anything. I don't even have good reasons to suspect anything. However, my intuition is that yes, it's still a new account. Furthermore my intuition says that it's now a permanent bad thing, forever a three-month long tradeline that weighs down your average. I'm delaying closing some unused accounts because my #1 negative is average length of tradelines whereas too many revolving accounts was #3 or #4. But my intuition is no better than your guess, so don't act because I said so. I'm still learning.
I read somewhere about a new Fair-Isaac formula that tries to predict if a new customer will close an account after a promo interest period is over or if a new customer will pay in full each month. I'd imagine a short-lived account might contribute to flagging you as part of this new formula, but I'm unsure if it will hurt your standard FICO score.
