@NikoD wrote:Does anyone know what the approximate AAoA would have to be before the accounts aging even further would have no further benefit to your score? What I mean is if someone only had ancient CC with an AAoA of over 25 years, is that actually any better than someone with an AAoA of 15 years? It's obviously not worse but at what point do you think it would stop being better and just stay the same for your score?
I think 15-20 yrs is a good one to have anymore is prob not necessary. I know someone who has an AAoA of 47 yrs, only has one card thats it, my score is higher than that individual.
Adding: My AAoA is 3 yrs 7 mo.
@Remember0 wrote:
@gdale6 wrote:I know someone who has an AAoA of 47 yrs, only has one card thats it, my score is higher than that individual.
Jesus. Is it an AMEX by chance? If so tell him to add another AMEX haha, it won't hurt his AAOA at all and would help fico since there'd be more than 1 tradeline reporting.
Nope, it has gone thru many bank buyouts and is now a Chase Slate. Ya I know about the AMEX trick, LOL
@NikoD wrote:Does anyone know what the approximate AAoA would have to be before the accounts aging even further would have no further benefit to your score? What I mean is if someone only had ancient CC with an AAoA of over 25 years, is that actually any better than someone with an AAoA of 15 years? It's obviously not worse but at what point do you think it would stop being better and just stay the same for your score?
That's an interesting question. Most other forums and/or credit sites have an average AAoA of 8 to 12 years for "high achievers." If there is in fact a score differential between 15 years and 25 years, I don't believe it would be a significant one.
