Financial Channel

I have 2 personal financial accounts listed, they are my oldest accounts, closed and paid in full in 1988 and 1993. Are these accounts hurting me? (allied finance and transsouth)

Originally posted by trent1059
I have 2 personal financial accounts listed, they are my oldest accounts, closed and paid in full in 1988 and 1993. Are these accounts hurting me? (allied finance and transsouth)
PAID AS AGREED NEVER HURT

...Unless they use the "NEW MATH--F.I.C.O."
(EXCESSIVE NUMBER OF OPEN AND CLOSED ACCOUNTS)

CLOSED (PAID AS AGREED) ACCOUNTS NEVER COULD BE HELD AGAINST YOU BEFORE!!!

Thanks George, What about a account that is showing paid, 0 Bal and still open, DLA was 1999, should I try to have it listed as closed or not take a chance of deletion and leave it alone. Is it hurting or helping?

Originally posted by trent1059
Thanks George, What about a account that is showing paid, 0 Bal and still open, DLA was 1999, should I try to have it listed as closed or not take a chance of deletion and leave it alone. Is it hurting or helping?
You always RISK 100% removal...

POSITIVE accounts usually only can help...

Originally posted by GEORGE
You always RISK 100% removal...

POSITIVE accounts usually only can help... I second that.

Besides, you can never get a "late" note on an account which you don't use anymore and the account will always be listed as positive ... :-)