Dropped/Canceled Oldest Credit Card

[Bades]

So a few years ago PNC took over National City. I got my first credit card when I was a freshmen in college in 2006. However when PNC took over in 2009, my National City Credit History seemed to be wiped off the map. When I looked at a recent credit report, there was nothing of my old National City credit card, and all it had was PNC credit opened in 2009.

I'm a little put off as that was my oldest card dating back to 06' and now it's showing it as 09'. I had another small credit card I had opened in 07', but it is unfortunate that now my average years of credit is now much lower.

[bjl584]

Have you checked your credit score? Has it been effected by this?

[snafu]

Negative credit details, even judgements only stay on reports for 7 years. Why is this old CC info important. Are you planning a major purchase in February where credit score can affect interest rate you are being offered?

[pdweaver]

Originally Posted by snafu

Negative credit details, even judgements only stay on reports for 7 years. Why is this old CC info important. Are you planning a major purchase in February where credit score can affect interest rate you are being offered?

It is important because it is his oldest standing credit mark. The age or amount of time that you have had credit is very important in determining your credit score.

I would feel the same way. Have you tried contacting the credit reporting agency that you pulled for more explanation? Also did the report show the average years you have had credit is lower due to this?

[Bades]

I'm not sure if it has affected my score in anyway. The time I had my National City CC I had never checked my reports/score before, now that I'm out of college and the idea of my Credit repots and scores deemed themselves more important and relevant, I started checking them. The strange thing is, the reports don't even show the National City CC being closed, therefore like it never existed.

My average credit card length is like 2.4 years. I have around 4 CC's, I really only use one of them now. So taking into the accont I've had maybe 5 CC's in my life and my oldest one should be representing around almost 6 years, it is now only about 3 years (new PNC card after the acquisition).

Don't think this matters too much though, when I bought my first car last year the dealer said I was like around 720 anyway.

Just didnt know if anyone else saw this too on their reports because of bank mergers.

[PatientSaver]

I've never experienced this, but I would be annoyed too. It might be worth a call to the bank, but good luck trying to find a person there with the knowledge to answer the question.

It's good that you're aware of the value of older credit cards (as opposed to newer ones) and I can see that, being younger, you're anxious to build up credit history with some longevity.