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Posts: 32,865
Registered: ‎08-04-2007
Re: Calculating Average Account Age

smo65d11 wrote:
so an account with a 2/08 age on it translates to 13 months because it is 3/09 now, correct?  Or do I need to find out the actual DAY?

Goes off the month. You'll see the date opened expressed as Month, Year. You'd subtract that from this month if the TL in question reported already for this month. You are on the right track. If it is a TL that doesn't report monthly (like a few COs I had), then base it on this month.