crumas2 on 03 April 2008
Well, I'm in my 40's, but I didn't mention age. 
Getting a credit card doesn't tend to affect your rating much unless you get carried away with the number of cards. Closing out a credit card can have an immediate and negative effect because you've suddenly altered your debt to potential-cash ratio. It's based on the formulas the 3 US credit reporting services use.
