Will this hurt or help my credit?????

[NEEDCREDITADVISE]

I had a 15,000 loan and recently traded it in for a 55,000 loan will this help or hurt credit report ?????

[llecs]

If a new TL was opened and reporting it will lower your score due to the new credit and drop in AAoA. To a lesser extent, your intallment utilization is higher, but that damage is minor.

[NEEDCREDITADVISE]

what is AAOA?

[fused]

AAoA = average age of accounts. This is stated in terms of years on page #2 of your FICO EQ and TU reports.

All accounts, both opened and closed, including charge-offs (if you have any) are factored in AAoA. Collections and public records are not factored in AAoA.