12-10-2012 08:42 AM
Hey credit gurus,
I'm confused by some seemingly conflicting info in my FICO report. On page 2, "Understanding your FICO Score" it says:
You have a short credit history.
Your oldest account was opened19 Years, 2 Months ago, Average age of your accounts11 years
So, it looks like I have a reasonable AAoA, right? Why is it listing that as a negative?
Thanks!
-Anja
12-10-2012 08:51 AM
It could be based on the number of total accounts? No idea, since my oldest is 6.5, and average is 5 and I'm pretty sure it gave me a 3 as well
| Current: EQ FICO 664, TU FICO 683, EX FICO 698 | Starting Score: 525 (05/2012) Starting total revolving credit: $1100 | Current total revolving credit: $7000 Inquiries (12 Months): EQ 3 TU 2 EX 2 | Most Recent: 1/8/2013 | 700 Club | AMEX Gold NPSL DCU Visa $2000 Cap1 Cash Rewards $2000 BOA Platinum $600 WalMart $800 |
12-10-2012 09:58 AM
Based on the scoring bucket you are in, on average, your history is younger than most.

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