I’m mixed on whether to close newest or oldest accounts, but I have heard that once you close an account, it no longer contributes to your average age (perhaps, per hegemony, this is a myth as well). But just in terms of practicality, my older accounts have higher limits and more established relationships. In other words, I know what to expect from these cards.

14 day question: Not sure what the disagreement here is, make same kind of inquiries, rate shopping for example, are counted as one and not several. 6th question on MYFCIO.com
http://www.myfico.com/CreditEducation/CreditInquiries.aspx

“one or two credit cards” again not sure what your point here is, but I really do not see a reason why people need to carry dozens of credit cards, have just a couple and keep your utilization low and this would be fine.

“If you keep a low debt amount and have to close an account try closing a newer account.” Maybe you did not read the whole thing….point was that older credit cards will have a bigger impact on your scores so if you HAVE to close an account try closing newer accounts as they carry less weight.

Again thanks for the comment…..I suggest you read it again as you criticisms do not make much sense.

Further resources to answer your concerns: http://www.videocreditscore.com/biggest-credit-score-myths/

What makes you think one inquiry wont hurt yourr score?

The best strategy is to have one or at the most two credit cards……

You can’t be serious.

If you keep a low debt amount and have to close an account try closing a newer account.

Why? Both open and closed accounts are factored into your average age for Fico.

Another terrible credit article.

Uh, are you trying to say algorithm? Closer, but I think formula is a perfectly serviceable word in this case.