I recently opened a new credit card, which increased my number of accounts to 4, but drastically brought down the average age of accounts. Is it better for me to close this new CC? I don’t need it. My existing 3 tradelines would be 2 CCs and a mortgage.
[This discussion thread is from an internal NerdWallet employee conversation, but we thought you, our community members and visitors, may find it interesting. Enjoy!]