Originally Posted by
Miss0033
Basically is this an average age of all OPEN accounts? Or all accounts overall?
ALL accounts; closing won't help.
Credit utilization is at 9% as is fairly steady unless trying to hit a high minimum spend.
Is there any single card that is high? (Say, above 50%?)
If you're paying off in full every month - as you should be - maybe try paying right before the statement cuts rather than the due date. Then when the balance reports it'll report $0 or close to it. But 9% is a fine number anyway.
So what would you suggest? Close a couple newer accounts? Would raise utilization rate, but lower "risk", and hopefully raise average age of accounts by keeping older ones open...
It's really hard to tell... would that make you look less risky, or look like someone who churns cards quickly and thus more risky?
If you could manage to get Amex to approve you for something, that would probably be best, since a new Amex inherits the age of your oldest Amex.
Hopefully someone will post who has experienced something similar to your situation.