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Is the AAoA only on credit cards or on loans as well?

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Regular Contributor

Is the AAoA only on credit cards or on loans as well?

is AAoA only for credit card accounts or if i apply for a loan, that is also considered as an account in the AAoA ?

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
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Established Contributor

Re: Is the AAoA only on credit cards or on loans as well?

Installment and mortage loans will factor into your AAOA.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico)XP 735 (FAKO)
Updated scores 05/01/17 EQ 824, TU 812 EXP 810 (all Fico scores) Remember the Three P's: Pay early in Full, Pay on Time, Patience
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Moderator Emeritus

Re: Is the AAoA only on credit cards or on loans as well?

To add, AAoA is the average age of all of your OC accounts, whether opened or closed, good or bad. So it includes CCs and loans as mentioned, but also includes accounts like HELOCs, LOCs, and even charge-offs. AAoA does not include CAs or PRs.

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