Sentences with phrase «average account age goes»

Not exact matches

Im chelsea, im 22 and a single mom of two little boys, im going to school in tulsa for accounting, im intrested in men ages 25 - late 30s, i perfer average or athletic men, and marriage minded

Similarly, closing your oldest credit account may also reduce your score a bit, both because your average account age will drop and your credit utilization will also go up, unless you pay off a chunk of your debt!

If you have an older credit card that doesn't charge an annual fee, go ahead and keep it open to boost the average age of your accounts.

If you close a very old account and leave only new accounts open, the average age of your credit file could go down.

In such a case, your best option is simply to wait; in time, the average age of your credit card accounts will go up and you will again be eligible to apply for more cards.

Rosenberg's excellent credit habits — always pay balances on time and in full, check his report for errors, go on «credit fasts» before a major credit application — plus the increase in the average age of his accounts have pushed his score to 820.

Two, depending on the age of your other accounts, your average file age could go down when you close an account.

If you have had that card for 12 years, close it when moving abroad for three years, then come home and have to open a new account, your average account age just went from 12 to zero.

Once approved, the average age of your accounts is going to take a hit from a newly opened card.

So if you want to cancel the business card before an annual fee hits and you can't get a retention offer, there won't be much of an impact on your credit score since your utilization will go unaffected as will your average age of accounts.

A great thing about these business credit cards is that there's no pressure to keep them open because you're not going to be affecting your average age of accounts.