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Originally Posted by kimiko
I actually had the opposite happened. One of my oldest card, Target credit, with a $7,000 credit limit was closed several months ago. They told me that it was closed due to inactivity; I haven't used it for about 2 or 3 years. I'm not looking forward to getting my score next year.
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You should use your cards every 2-3 months or so to keep them on your credit report. This is a good strategy to keep old, good-standing accounts on your report.
I also agree with Claire - if you're wanting to close old credit cards or other accounts, close the newest ones first to reduce the impact on your credit score - again assuming that the older accounts are in good standing.