Myth within myths lists

“It is a riddle wrapped in a mystery inside an enigma; but perhaps there is a key.” – Winston Chrchill

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, January 23, 2013 11:30 AM
To: Jeanette Tucker, professor, Louisiana State University
Subject: RE: credit score, employers, Fox Business, Act II, NIH; closing accounts shortens, LSU AgCenter

See this message and your response at http://blog.creditscoring.com/?p=4592, http://blog.creditscoring.com/?cat=335 and http://blog.creditscoring.com/?tag=lsu.

You wrote, “The length of your credit history, however, is important, and closing older accounts could reduce your credit score.”

However, consumer reporting agency Experian explains, “Contrary to popular reports, you don’t lose the positive credit history when you close an account.”

I was wondering if you’d like to comment on this confusion.


Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio  45409-0342

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