Ok, so after months (months!) of serious lurking, I am finally getting down to business. Online reports from PG show that my old CO with Amex has not yet dropped off. I know this is a newbie question, but my many searches haven't really addressed this. What does it mean when it says Account Type -- Open Account Status -- Closed OR Closed by Grantor Remarks: Paid as Agreed OR Paid Account, Zero Balance ? I see that WhyChat says "open" here means "unpaid." The Amex account and one other revoving card account still listed were closed and paid off in 1995 *at the latest.* Do I have to "close" them myself even though the OCs closed them years ago? Or is there more info not showing on PG that I am missing? I thought my sol was up already. Do I insist on the sol, or send a validation letter? 2. In the past two years, a few lates have dropped off, I have added some $13K in student loans on which I have made no payments (in deferment), and weirdly my FAKO has *jumped about 200 points from the don't-bother range solidly into the 700s for the big three. I think in part it may be some lates dropping off, and maybe like two inquiries (I think that's really all I had) but I also wonder if just showing my elite university alma mater as a creditor might have itself sparked a jump. Thoughts? Thanks in advance for help on this, and all the info I've gotten from countless hours on these boards.
Your Amex account will stay on your report for some additional time. It is NOT showing as a charge-off or derogatory account. It is showing as a paid as agreed account, which is HELPING your score. Before it was "closed" it was "open", i.e. not delinquent, not late.
