Im trying to figure out which accounts i should close. I have 5 secured accounts. most are 16 months old. In the past 4 months i have been getting some decent cc accounts. gmcard, corvette, bestbuy,macys, target, All with no annual fee. The secured ones are crappy. with annual fees. Just wondering how many i should take with me to 2 year land. How important is it?
As far as Fico goes, it looks negative to have over three revolving tradeline, but i dont care considering i have over ten! Well, in my opinion, I would keep these accounts for at least two years from start date to establish credit, but I have been told by various cc companies that five years for an account is considered optimum credit history, but of course ten years, etc is better too.
