b question I know....lo l
10-11-2012 06:52 AM
+1 add to the previous post
You add up everything device by number of account .
Then devide by 12 ( 12 month a year).....Final it's your AAOA. Example
Cc1: open 11/2011 (11 month till Oct 2012)
Cc2: open 10/2010 (24 month)
Card loan: open 1/2008 paid off 1/2012 (57month) drop off from your report on 1/2022.
so add (11+24+57) = 92 : 3 = 30.6666666
30.666666 : 12 = 2.55555555 (AAOA)
Also keep in mind positive account stay on your report on the last day of your closing day. Let said you had a loan on 2005 paid off in 2010 .....the account will drop from your account on 2020.......
Hope it help
Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800
Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k