I checked my credit score, and while it's not too bad it said I had too many charge accounts.
This is true, because I have my own credit plus a few accounts I share with my parents for business purchases -- 1 amex, 2 discover, 2 visa, 2 mastercard, Home Depot, Structure, and Macys. I'm going to ditch a couple of my credit cards that I don't use (out of all those cards, I have a total of $3000 balance).
My question is, how long does it take for a closed account to disappear off your credit report? I have a couple accounts either closed by me or marked lost/stolen that have been hanging around for years! Do I have to contact the credit agencies to get those booted off or do they expire after a while?
This is true, because I have my own credit plus a few accounts I share with my parents for business purchases -- 1 amex, 2 discover, 2 visa, 2 mastercard, Home Depot, Structure, and Macys. I'm going to ditch a couple of my credit cards that I don't use (out of all those cards, I have a total of $3000 balance).
My question is, how long does it take for a closed account to disappear off your credit report? I have a couple accounts either closed by me or marked lost/stolen that have been hanging around for years! Do I have to contact the credit agencies to get those booted off or do they expire after a while?
