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I have 5 CCs. 3 of them hit 1 YR in June 2014, 1 hits 1 YR in July 2014.
Question: Can I anticipate a bump when the first ones turn 1 yo (in June) OR does the bump happen when the newest one turns 1 YR (in this case July)?
Inquiring minds want to know....
1. You may have hard pulls disappearing, along with short-term negative effects of new TLs.
2. Maybe milestones re AAoA and oldest TL and so on.
3. You might try this Google search:
site:myfico.com one year mark
4. This thread is someone's attempt to guess what the FICO buckets are, and there is some interesting information here:
You may see a few point bump with your inquiries reaching a year, but Aaoa really doesn't work that way.
@user5387 wrote:1. You may have hard pulls disappearing, along with short-term negative effects of new TLs.
2. Maybe milestones re AAoA and oldest TL and so on.
3. You might try this Google search:
site:myfico.com one year mark
4. This thread is someone's attempt to guess what the FICO buckets are, and there is some interesting information here:
Thank you! This is interesting indeed.
@blondy250 wrote:You may see a few point bump with your inquiries reaching a year, but Aaoa really doesn't work that way.
Thanks for feedback
I have two CCs along with their accompanied INQs that reach one year in a few weeks. I will report back and let you know how it affected my particular scores.
“Beware of little expenses. A small leak will sink a great ship” – Benjamin Franklin
Gardening since 3-26-15
@VirtualCuriosity wrote:I have two CCs along with their accompanied INQs that reach one year in a few weeks. I will report back and let you know how it affected my particular scores.
PERFECT! Thank you.
P.S. I'll be waiting with bated breath.