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Old Sep 30, 2013 | 2:22 am
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MrMoonlight
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Originally Posted by MDtR-Chicago
Because that's the way FICO works. Every account's age is calculated from its open date until it falls off your report.
So let me understand this; the account age continues to increases every year, even for the accounts you close? In other words, if I opened an account for a particular card five years ago, and closed it out after six months, the age of that account would be five years, not six months?
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