In 30 days approved for $ 43.500

[09Lexie]

Since AAOA, is an average of accounts (open and closed) the only ways to restore is to age them naturally or be added as an AU on someone's cc with a longer history.

Someone else can chime in if I'm incorrect.

[Anonymous]

so if someone add me as AU on a credit card with 8 yrs history would that bring back theaaoa from 6 yrs to 7yrs?

[kevinjjc]

Just curious and no offense intended, why do you use periods instead of commas when specifying your limits? For example, it's $43,500 not $43.500.

[09Lexie]

It's the average age of your accounts divided by the number of your accounts. Idk what your open dates are but if you want to calculate it out, here's a thread that may help you.

http://ficoforums.myfico.com/t5/Credit-Cards/AAoA-Calculation/m-p/501000#M160922

[Anonymous]

---

@09Lexie wrote:
It's the average age of your accounts divided by the number of your accounts. Idk what your open dates are but if you want to calculate it out, here's a thread that may help you.

http://ficoforums.myfico.com/t5/Credit-Cards/AAoA-Calculation/m-p/501000#M160922

---

Cool, Thanks Lexie

[Anonymous]

Its ok. I have been a little lazy lately about numbers so i got a little rusty on this but yea ur correct.

[bs6054]

---

@09Lexie wrote:
It's the average age of your accounts divided by the number of your accounts. Idk what your open dates are but if you want to calculate it out, here's a thread that may help you.

http://ficoforums.myfico.com/t5/Credit-Cards/AAoA-Calculation/m-p/501000#M160922

---

Yes, it's the normal meaning of average (mean) using both opened and closed accounts (closed for as long as they are on your record).  So for your specific example,

if you have 20 accounts with an AAoA of 6 years, being added to an account with 8 years:  You will have a total of 20*6+8 years

=128 years, and 21 accounts, for an average age of 128/21 = 6.09 years  You would have to be added to 20 accounts with 8 years, to get your new average as 7 years.

Or added to one account with 160 years of history, but that might be tough to find!

Now with rounding you might get this reported as 7 years anyway, but don't rely on it.

[bs6054]

---

@kevinjjc wrote:

Just curious and no offense intended, why do you use periods instead of commas when specifying your limits? For example, it's $43,500 not $43.500.

---

Perhaps a non-US background.  This is the correct usage in many places in Europe and South America, among others.

[boomhower]

Do all of the cards you have have features that you need versus the rest of them or are you apping just for the sake of more and/or larger credit lines?  Not criticizing, just curious. 

[Anonymous]

I have 63 credit accounts opened and closed

now the AAOA is on equifax at 6 years

From 63 i am planing to add 3 new accounts with 0 yrs old

The total accounts opened and closed will be 66

What is the total new AAOA?