02-21-2012 04:03 PM
So my AAOA is around 3 years and 10 months. My wife had an account that was over 10 years old with a perfect payment history ... small credit card, but the age is there.
So I get a Credit Alert from MyFico just a week or so ago for myself.
It's an alert that this account's balance has gone up to $25 (it was at $0 before).
Ok, so this means it is now on my credit. Buuuuut ... no score change.
I'm a little shocked considering. Any insight? Will it take a little while to reflect positively or did I simply get fooled into thinking this would help? As of March, I will have no lates on my credit within the last 2 years and the only lates I do have are 2 - 30's from Jan. 2010 and 2-60's from Feb. 2010.
I would think the new account would do SOMETHING ... even if only a little.
02-21-2012 04:08 PM - edited 02-21-2012 04:12 PM
Were you up to date on your target score setting?
ETA...the score should have updated anyway if it changed as a result to this added TL. As far as I see it, this new account would have only impacted length of history/AAoA and util. I'm guessing your mix is fine. If util didn't change and/or util isn't listed as a negative reason within your EQ FICO report, then you probably wouldn't see a change. Did AAoA change any?