Jun 6 • Business & Personal Credit
All Of Your Accounts Count Towards Your “Credit Age”
So, I had a Mercedes that was repo’d 2 years ago. Apparently, the account was still open for some reason. The account was just closed the other day and my credit score dropped 12 points. When I checked Credit Karma to see what changed l, it said that closing any account would diminish my “credit age!”
I’m happy that the account is closed but the 12 points is a bummer🤦🏽♂️. This further reinforces the need to invest in “aged tradelines!”
Be blessed!
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All Of Your Accounts Count Towards Your “Credit Age”
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