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When collections fall off after 7 yrs does it hurt AAoA?

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cwwatts1202
Established Contributor

When collections fall off after 7 yrs does it hurt AAoA?

My husband has 2 collections due to fall off in the next 2-3 months, his AAoA is a little over 6 years right now, will hit hurt his AAoA when these 2 7 yr old collections fall off?? 

Message 1 of 7
6 REPLIES 6
guiness56
Epic Contributor

Re: When collections fall off after 7 yrs does it hurt AAoA?

Message 2 of 7
cwwatts1202
Established Contributor

Re: When collections fall off after 7 yrs does it hurt AAoA?

something told me you'd answer and I should of just asked you that in the msg Smiley Wink thanks! Big relief!!

Message 3 of 7
guiness56
Epic Contributor

Re: When collections fall off after 7 yrs does it hurt AAoA?

Message 4 of 7
Shogun
Moderator Emeritus

Re: When collections fall off after 7 yrs does it hurt AAoA?

+1

 

Only accounts from the OC are figured into the AAoA and util scenarios.  CAs should not count.

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Message 5 of 7
nmjacobs
Contributor

Re: When collections fall off after 7 yrs does it hurt AAoA?

My husbands score went up over 60 points when he had 5 collections fall off this last fall. His score went up 30 points after he paid off the last three collections. 

Message 6 of 7
cwwatts1202
Established Contributor

Re: When collections fall off after 7 yrs does it hurt AAoA?


@nmjacobs wrote:

My husbands score went up over 60 points when he had 5 collections fall off this last fall. His score went up 30 points after he paid off the last three collections. 


Wow. So there may be a good chance of seeing around a 20 point increase with 2 falling off. Hopefully, maybe Smiley Happy When he paid off the last 3 did they get removed?

Message 7 of 7
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