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@Booner72 wrote:Thanks MV and Beam! I knew that my oldest account was this old 1997 student loan - that has been closed since 2001 and it still reports. The news to me was that they calculate "revolving" accounts as part of their AAoA algorithm, vs ALL accounts together. I just didn't know this.
Maybe this will lead to more clues on which TU score Walmart uses. Maybe?
Anyway - Just working really hard to try to pin this thing down. Have a great weekend you two.
They do both, if I confused anyone up there. Like a snippy co-worker criticizing your whole outfit, and then especially your shoes. (Revolving being the shoes.)
Bemuddling here...
We all know they look at ALL OC accounts, good or bad (COs included), opened or closed, when considering AAoA.
Are we saying that in addition to the overall AAoA, there's a secondary AAoA for revolving only within the Classic models? If so, would there also be one for Installment TLs?
@llecs wrote:Bemuddling here...
We all know they look at ALL OC accounts, good or bad (COs included), opened or closed, when considering AAoA.
Are we saying that in addition to the overall AAoA, there's a secondary AAoA for revolving only within the Classic models? If so, would there also be one for Installment TLs?
I haven't seen one.
The bit about length of revolving history pops up on the Expanded "FICO High Achievers" characteristics list, but I don't recall one for length of installment. They have a couple for the silly-low balances on installment, but that's all I've ever seen.
@llecs wrote:Bemuddling here...
We all know they look at ALL OC accounts, good or bad (COs included), opened or closed, when considering AAoA.
Are we saying that in addition to the overall AAoA, there's a secondary AAoA for revolving only within the Classic models? If so, would there also be one for Installment TLs?
This is what I thought I found out when I read this. If it's not the TU04 though, who knows, right? Remember, it's a Walmart