Credit history length?

[Anonymous]

Mine is currently showing 2 years and 6 months.  What length of time is considered good?

Thanks

Tara

[Anonymous]

---

@Anonymous wrote:

Mine is currently showing 2 years and 6 months.  What length of time is considered good?

Thanks

Tara

---

Is that your oldest credit line, or your average age of account? If it's AAoA, it's in the fair range as far as credit goes. About 5 years or so is good, and once you get to 8 years or more there is very little benefit for additional time. If that's the age of your oldest account, it's considered weak as far as credit goes.

[Revelate]

---

@Anonymous wrote:

---

@Anonymous wrote:

Mine is currently showing 2 years and 6 months.  What length of time is considered good?

Thanks

Tara

---

Is that your oldest credit line, or your average age of account? If it's AAoA, it's in the fair range as far as credit goes. About 5 years or so is good, and once you get to 8 years or more there is very little benefit for additional time. If that's the age of your oldest account, it's considered weak as far as credit goes.

---

Guessing age of oldest account by most people's presentation; mine is 7 years and considered "Fair" in the various 3rd party representations I've seen including here for FICO.

Tara: not much you can do other than let time pass these days, that stat will improve over time as long as you keep one tradeline (usually a $0 AF credit card or similar) open forever.

[Anonymous]

Ive ruined my credit before so this is starting over. I got a secured cap one 2 yrs 6 months ago. Today the 3 credit score thig said olest acct 26 yrs! Not sure what that would be. Maybe something my mom added me on.