@JMMD wrote:We filed BK in 2011 and were discharged in Feb 2012. Since then we have obtained 5 CC, with the last being opened this month. How long before AAoA isn't an issue for these cards? We are hoping to buy a house in the spring, will all these new tradelines be an issue?
AAoA is a factor regardless of how old the cards or other tradelines are. There's not much one can do about it other than let accounts age in this case (as in most cases, Amex backdating notwithstanding), and not opening frivolous accounts.
Hard to say from a lender underwriting perspective as it will vary by lender, there's some breakpoint around the six month mark on tradelines where I suspect they won't raise many eyebrows, but in general this is a pretty easy thing to explain away: you wanted to re-establish positive history after a BK, which is not only the right thing to do, but also expected as well. I don't think it'll be much issue, the BK is the elephant in the living room, if you get past that and you clear the middle FICO score hurdle, the rest is probably gravy honestly.
