Posts: 3,176
Registered: ‎10-19-2012

Re: What's your average age of accounts?

Established Contributor
Posts: 502
Registered: ‎04-17-2013

Re: What's your average age of accounts?

@ Roarmeister, I was able to see the AoAA by pulling my CR on MyFico. It breaks down all the info for you. You can also do it yourself by adding the months of your accounts and dividing it by the number of counts, then divide by 12 for the years. I did it this way myself and it was the same as MyFico. You can also do this when you add new accounts to see an estimate of what your new AoAA will look like. Give it a shot....

2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

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Frequent Contributor
Posts: 334
Registered: ‎04-21-2012

Re: What's your average age of accounts?

[ Edited ]

I computed mine from my own history.  It took a while but I sourced out all my trade lines over the last 30 years!  My numbers are wildly different from Equifax Canada (11 yrs longest and 4yrs 7 mths for AAoA) since they drop off off all closed accounts older than 6 years.  My Equifax AAoA and credit score dropped significantly because 2 closed tradelines dropped off in January a few months after I added 2 new tradelines. I figure I will get a little bounce up once Equifax says my AAoA hits 5 years.


Starting Score: 676 Feb 2008; Current Score: 791 EQ; 824 CA, Dec. 2014; TU 814, Oct. 2014; Goal Score: 800 by end of year Oldest Account reported by EQ: 12 years; EQ AAoA: 5.8 years; EQ Credit Utilization: 2.3%
Established Member
Posts: 34
Registered: ‎09-14-2012

Re: What's your average age of accounts?

My oldest account is 26 years, but my average age is only 6 years. This must be due to the student loan thing as well. They keep changing hands. My credit cards are all over 6 years. My 5 year car loan will be paid off this year and that is the last thing I applied for.
FICO 708
TU 726
EQ 737
EX 737

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