No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I have a car loan through the dealership not a creditor....which started in 2010 never late but at 18% never reporting but they offered to report the loan to help me build my credit.
Now that my scores are higher i just got approved from my local bank and want to refi at 6% I know that my bank will report every month, but I'm wondering if asking hte dealership to report since start of the car loan until today as a $0 balance closed never late installment will raise my score?
Will it hurt my score or AAoa or is it worth asking them to do it?
Is your AAoA older than one-year?
Your oldest account was opened
10 Years, 9 Months ago
Average age of your accounts 5 years
Ratio of your revolving balances to your credit limits
33%
Your most recent late payment happened
5 Years, 4 Months ago
That is my report from Jan of this year on myfico but I did recently open a new credit card about a month ago
If you are adding a one-year old TL to a 5 year AAoA, then your AAoA could take a hit. You'd have to do some math to see if it slips to 4 yrs, 3 yrs, etc.