10-05-2012 04:38 AM
10-05-2012 05:43 AM
The TLs that are in dispute are not factored for your score. So you probably bottomed out your AAoA.
10-05-2012 06:49 AM
10-05-2012 07:04 AM
Average age of accounts
10-05-2012 07:04 AM
Average Age of Accounts. Here is a link to some of the common abbreviations we use here.
10-05-2012 09:15 AM
I believe the way it works is that the TLs are not counted therefore their age isn't factored. Suppose you have 3 TLs on your report. The first is 5 years old, the second is a year old and the third is 6 months old. You'd be looking at an average age of a little over two years. Now if something in the 5 year TL is in dispute, that entire record stops being counted for the time it's in dispute and as such, the average age of account is only including the 1 year old account and the 6 month old account, making the average age about 9-10 months.
10-05-2012 10:05 AM
Yes, once verified, it will be included again.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.