concorduser wrote:
@llecs wrote:
Look in your FICO report. If AAoA is listed, it will say FICO high achievers have an AAoA of x years. I have the figure of 8 years in my head, but I don't have a report in front of me. The effects of AAoA would really depend on the bucket you are in.I checked it says 6-12 years. I guess I have to wait 3 more years for that message to go away. Again in the mean time Fico might launch a different scoring scheme to keep up with the changing trends. I guess let us wait each year and see what it changes to. Thanks for your input.
There seems to be a compare-and-contrast between AAoA and longest history. For instance, in my case, my longest history is 19 years, and my AAoA is 4y 1m. I get hit for short history; I assume because those with a 19+ history shouldn't have such a young AAoA, which indicates a lot of recent seeking of credit. OTOH, my kids who have an AAoA similar to mine are getting +'s for age of credit, because their longest history is much shorter than mine, so it's not so odd to see a lot of new history.
About all that you can do at this point is hunker down and let everything age. Congrats, you've hit the point where I was last year, where all I could do was step back and let everything cook. It's like raising kids --sometimes they change every 4 hours, and sometimes it seems like they're stuck at their current stage for a year or 5.
