07-10-2012 07:34 AM - edited 07-10-2012 07:35 AM
j1steve wrote:My AAoA is 6.4 years. Keep in mind. This particular account has been closed since 05/09.
My oldest account is 10.9 years old. I'm thinking that is a credit card I have was closed in 2004.
The oldest account that is still open is a charge account with Firestone Tires. Opened since 2003. No baddies.
Any thoughts with this in mind?
Accounts age starting at the point in time they are opened. I believe that you stated that this account was opened in 2003. If that is the case I wouldn't do anything, the age of the account is helping your AAoA since it is ~9 years old.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


