Understanding FICO® Scoring

[gettingstarted]

Question for the board I recently went on an app spree after a collection fell off my equifax credit report. I started with $3800 in credit before the app spree aftwards three new prime cards, USAA World Master Card 9K Discover More Card 6K and Chase MWR MasterCard 3K and a $4500 CLI with Chase Star MasterCard. Just wondering how it might hurt my score with the AAoA dropping so quickly.

[Crashem]

We don't have enough info to tell.  Depends how big your base is now.

If you are military, you might want to look at NFCU.  It will cost you a couple more equifax inquiries to get credit card, but they are awesome.  One inquiry to join.

[logan_720]

Well, I had an AAoA of 6 years, 6 mos, then I aquired an Apple Finance card through Barclay and it dropped 6 years to 6 months...

[gettingstarted]

My oldest card is an HSBC Starter card with a $400 limit at 5 years and I have had the Chase Miltary star MasterCard for 4 years and I just opened the other cards last month. I'm waiting for the new cards to hit my CR before dropping HSBC now CapitalOne.

[Crashem]

Yeah, if you figure your before and after AAoA, Your utilization before and afterwards, hard inquiries before and after.  Probably can take some educated guesses on what will happen.

[Revelate]

---

logan_720 wrote:

Well, I had an AAoA of 6 years, 6 mos, then I aquired an Apple Finance card through Barclay and it dropped 6 years to 6 months...

---

I think wherever you pulled your credit report from failed at math there .  Or the data on AAoA was pulled from differing sources (CK I'm looking at you!)