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Question #3 Credit Repair: Old, inactive accounts - should I delete?


enajenkins
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Hi,

I have two (a major department store and major banking institution) revolving accounts that have been open since 2000 and 1995 respectively, but have held a zero balance for the last several years. If I cannot re-establish usage of these accounts, will deleting them hurt my credit?

Thanks,

:D Ena

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Hi,

I have two (a major department store and major banking institution) revolving accounts that have been open since 2000 and 1995 respectively, but have held a zero balance for the last several years. If I cannot re-establish usage of these accounts, will deleting them hurt my credit?

Thanks,

:D Ena

Ena, those accts add "age" to your credit files. Don't delete those if they're in good standing. What are your reasons for wanting to get rid of them?

Elyse

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