Re: FICO Score Tanked! :-(
03-22-2012 07:38 PM
My AAOA is only 3 months, and my Credit History is 1 year 3 months so I guess that's what caused it to tank, but if that's what it is, then it's puzzling because that's been my AAOA for a while now. After my last two cards begin to report, I will check my score again and see what happens. After that, I will just have to ride it out and hope that my FICO score jumps back up after a while.
I know it's probably small comfort right but for scoring purposes it's built into the system that your AAoA can never be less than 1 year.
Just a FYI.
What do you mean? I'm confused as to what you mean that it can never be less than 1 year. Are you saying that's why my score tanked? Or that my AAOA can't be only 3 months, because that's what my credit report says.... AAOA is 3 months...and my Credit Length or History (I forgot how the title on the report) is 1 year and 3 months. Can you clarfify for me? I'm still learning!