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They might be watching, but I wouldn't think they'd ask you to remove yourself if you already have TLs on your own. If it is on your CR, they'd still score it. It can't be ignored per FICO. I think you are good to go.
What I mean is that they are going to remove it in their calculations when coming up with their enhanced score, not actually ask me to remove it myself.
I hope you're right, though. I get the feeling that account tows the line for me right now.
Maybe someone might know for sure, but I don't think lenders have the ability to exclude a TL from FICO calcs. It's either 100% or nothing. Now they can internally exclude certain TLs for DTI calcs, overlook old baddies, etc. But I think for FICO it is all or nothing. That was the issue with FICO and AUs before. Lenders wanted AUs excluded because of piggybacking. FICO reviewed the Equal Credit Opportunity Act and they interpreted the law that they cannot exclude AUs at all when calculating the FICO score off your report.
Oh, good news for me.
Was there a statement made or a PR piece or something from FICO concerning that? I love the history of such things.
http://www.fico.com/en/Company/News/Pages/07-31-2008.aspx
And I forgot to mention that the AU-bit, had they been removed, would have only occurred in newer versions, of which not many lenders are using now anyway.
Even in the new FICO scores that discount AUs, it only discounts in the case of "piggybacking." If it is your wife's AU account, you are fine even with the new FICO scoring models. Additionally, I don't think there is a way to quote/unquote remove something from your credit report and getting a new FICO score. Your score will be whatever the scoring model says. Upon manual review, they might notice things that make them not give you a loan, but I don't think there is a way for them to rescore you by pretending certain things aren't there on your report. But remember manual review will be looking at lots of things from DTI, employment history, other things, and potentially how much AU is making up of your credit score. But if you get approved, pretty sure they will just use your FICO to determine your interest rate. They pretty much have to use FICO to determine credit risk as they typically package up loans and sell them and all external parties use FICO to determine the credit risk of the package of loans.
As for your original quesiton, both length of history as well as AAoA matter.
All fantastic information. Thanks folks.