11-30-2012 09:23 PM
I just started to use this monitoring service from Equifax, and look at those crazy details about the account age of equifax
To help you understand, i have 3 credit card accounts. The oldest one is 6 months old , and the other two accouns are 2 months old.
What is amazing is the length of credit history that shows up on Equifax (2 months), and the average is 3 months. How can the average be higher than your history? I called equifax 10 times and I was transferred from the dispute dept to personal solution dept all the time. Everybody says it's not a problem with them and something with my account not reporting right.
But when i select my accounts it shows up as 6 months old, just on the account age summary something is wrong
Anybody has any suggestion ?
here is a copy paste of that:
Usually it is a good idea to keep your oldest credit account open, as a high average account age generally demonstrates stability to lenders. Also, especially if you have been managing credit for a short time, opening many new accounts will lower your average account age and may have a negative impact.
|Length of Credit History||0 Years, 2 Months||0 Years, 6 Months||0 Years, 6 Months|
|Average Account Age||0 Years, 3 Months||0 Years, 3 Months||0 Years, 3 Months|
|Oldest Account||CAPITAL ONE (Opened 09/2012)||CAP ONE (Opened 09/2012)||CAP ONE (Opened 09/2012)|
|Most Recent Account||CAPITAL ONE (Opened 09/2012)||CAP ONE (Opened 09/2012)||CAP ONE (Opened 09/2012)|
This is a copy paste that equifax do has the right information on my oldest account:
11-30-2012 10:31 PM
This falls under the "don't worry about it" category. Equifax's CMS has some odd bugs. There is something that is always showing up wrong on my dashboard, too. When I first saw it, I was alarmed. But when I checked my actual CR, everything was fine. I finally realized that their system just has some bugs in it. It's really not worth worrying about. Some things just don't translate correctly from the CR to their CMS dashboard.
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