@Dapper_Dan wrote:
Company Date Opened Type
GECRB* 08/2012 Revolving
Citimort* 11/2003 Mortgage
ET* 01/2005 HELOC
BofA 07/2006 Mortgage
BofA 07/2006 Mortgage
Discover 12/2001 Revolving
BofA 11/2003 HELOC
VW 09/2009 Auto
Amex 04/2000 Charge
MB 02/2007 Auto
Chase 03/2003 Revolving
Macys 02/1997 Revolving
Chase 10/2004 Revolving
HSBC 09/2006 Revolving
Citi 09/1997 Revolving
MMCA 07/2001 Auto
Chase 03/2004 Revolving
GECRB 09/2001 Revolving
GMAC 06/2001 Mortgage
USBank 04/2005 Auto
MB 12/2003 Auto
If you add up the age of each account, you get a total of 2,186 months between all accounts (21) and that makes the AAoA of 8.7 yrs. FICO rounds down so that's 8 years. If you open up 3 new CCs (or whatever), and these three have an open date of this month, then your AAoA drops to 7.6 yrs (roughly 7 yrs 7 months) and that's rounded down to 7 years. Could that drop your FICO? I dunno. Your AAoA would bounce back in 5 months so it would be short-lived.
If oyu opt to open up only 2 CCs this month, then AAoA drops 7.9 years and next month AAoA would fully rebound to 8 years. So, if there's a drop due to AAoA, it would disappear next month and likely you wouldn't see any impact because the odds that two would report in the next week is slim anyway (though they'd still have an Aug. open date).
Outside of AAoA, you will very likely see a significant drop due to the new accounts (util aside), and that drop would fade within a year. You could also be rebucketed, but that depends on your credit profile.
