Re: open accounts vs. closed accts and improving credit score

Posted by LadynRed (199.91.33.254) on April 28, 2003 at 10:12:16:

In Reply to: open accounts vs. closed accts and improving credit score posted by filmer on April 26, 2003 at 19:14:27:

If the accounts are ones that had good payment histories and are long-standing accounts, leave them alone, they are GOOD for your score. If they have bad histories and are short-term, then it would help to be rid of them. However, its unlikely you'll be able to do that before the 7 yr reporting period is up.

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