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How much does AAoA have to change to affect your score?

Regular Contributor

How much does AAoA have to change to affect your score?

My AAoA is 5 years 4 months. I believe that includes 11 Tradelines open and closed and 1 collection that's being factored as a installment account i believe. So th at's a total of 12 accounts and i averaged all the ages of them and got the same number. So with my mom having about 4 years on her credit card that she would add me to would make 13 tradelines and would drop my AAoA down to 5 years and 3 or 2 months. How much of a change does it take for FICO to trigger a score change. 

 

Example: starting at 5 years and 4 months and having that go down to 5 years and 2 months or does it take it going down into the 4 year range for AAoA in order for it to ding my score?

 

I hope that was clear. Any feedback would be great.


Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX


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Message 1 of 9
8 REPLIES
Contributor

Re: How much does AAoA have to change to affect your score?


Chris3k2 wrote:

My AAoA is 5 years 4 months. I believe that includes 11 Tradelines open and closed and 1 collection that's being factored as a installment account i believe. So th at's a total of 12 accounts and i averaged all the ages of them and got the same number. So with my mom having about 4 years on her credit card that she would add me to would make 13 tradelines and would drop my AAoA down to 5 years and 3 or 2 months. How much of a change does it take for FICO to trigger a score change. 

 

Example: starting at 5 years and 4 months and having that go down to 5 years and 2 months or does it take it going down into the 4 year range for AAoA in order for it to ding my score?

 

I hope that was clear. Any feedback would be great.


i also would like to know this? would closing new store cards with 0% util raise my score?


IN THE GARDEN TILL 7/1/14!!!
Message 2 of 9
Moderator Emerita

Re: How much does AAoA have to change to affect your score?

@trying

I'd refer you to the sticky re: closing credit cards.

AAOA is 15% of your score.
Message 3 of 9
Regular Contributor

Re: How much does AAoA have to change to affect your score?

yeah i understand it's a pretty big portion of your score but at what numbers do you start noticing a decrease or increase in your score? would having a 5 year and 7 months AAoA and having that decrease to 5 year and 2 months decrease your score or does it take going down a year before you start seeing a decrease. Such as going from 5 year and 7 months down to 4 years 11 months. Would a score change be triggered for both or just the later example?


Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX


Take the myFICO Fitness Challenge
Message 4 of 9
Super Contributor

Re: How much does AAoA have to change to affect your score?

Moved to Understanding FICO scoring.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 5 of 9
Valued Contributor

Re: How much does AAoA have to change to affect your score?


Chris3k2 wrote:

yeah i understand it's a pretty big portion of your score but at what numbers do you start noticing a decrease or increase in your score? would having a 5 year and 7 months AAoA and having that decrease to 5 year and 2 months decrease your score or does it take going down a year before you start seeing a decrease. Such as going from 5 year and 7 months down to 4 years 11 months. Would a score change be triggered for both or just the later example?


FICO rounds down to the nearest year.  so 5 year 11 months or 5 year 0 months = 5 years AAoA.   4 years 11 months = 4 years AAoA.

EX:694 TU:744 EQ:777
Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k
Message 6 of 9
Regular Contributor

Re: How much does AAoA have to change to affect your score?

So pretty much as long as being put as an authorized user doesn't take me below 5 years thn I should see no score change then. Am I correct in saying that?

Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX


Take the myFICO Fitness Challenge
Message 7 of 9
Valued Contributor

Re: How much does AAoA have to change to affect your score?


Chris3k2 wrote:
So pretty much as long as being put as an authorized user doesn't take me below 5 years thn I should see no score change then. Am I correct in saying that?

As far as AAoA goes, this scoring factor will remain at 5 years.  The utilization and payment history on the AU account could affect your score though.

EX:694 TU:744 EQ:777
Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k
Message 8 of 9
Highlighted
Regular Contributor

Re: How much does AAoA have to change to affect your score?

Ok. I went ahead and had my mom add me to her account as authorized user. So i guess I'll see soon if it messed up my AAoA enough to decrease score. Although from what I calculated it shouldn't. One question though. I'm trying to hurry and get my score up the extra 12 points, if I chose to do rapid rescore would it also do the authorized user trade line?

Starting Score: 03/29/2013 540 EQ 05/01/2013 614 TU 05/30/2013 606 EX (Lender Pull)
Current Score: 07/27/2013 639 EQ 07/27/2013 651 TU98 07/27/2013 650 TU04 07/27/2013 617 EX V2 07/27/2013 639 EX 08
Goal Score: 660 EQ 660 TU 660 EX


Take the myFICO Fitness Challenge
Message 9 of 9