Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

i know being a high achiever your need a large aaoa. 

just curious anyone hit 760+ with aaoa under 3-5 years? 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Moderator Emeritus
llecs
Posts: 32,881
Registered: ‎08-04-2007
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

creditnocash wrote:

i know being a high achiever your need a large aaoa. 

just curious anyone hit 760+ with aaoa under 3-5 years? 


Hit EQ FICO of 777 with 3 or 4 years showing.

Contributor
LilyBee
Posts: 92
Registered: ‎01-23-2009
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

What's an AAOA?

 

My scores have always been above 800, since I started using this website in 2008.  My highest was 830 in 2009.

 

I haven't changed the ones on the Forum yet; but my latest scores are:  TU: 808; EQ: 811, on 9/23/12.  I'm not bragging, I just hate to charge anything except to keep my score up with some activity.

 

 

--------------------------------------------------------------------------------
Starting Score (1/1/07) - EQ: 813 -- TU: 804 -- EX 825

Current scores (8/15/14) - EQ - 847; TU-846; EX-841

Goal Score (12/31/14): Whatever
Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

LilyBee wrote:

What's an AAOA?

 

My scores have always been above 800, since I started using this website in 2008.  My highest was 830 in 2009.

 

I haven't changed the ones on the Forum yet; but my latest scores are:  TU: 808; EQ: 811, on 9/23/12.  I'm not bragging, I just hate to charge anything except to keep my score up with some activity.

 

 


aaoa =average age of accounts. 

its about 15% of your score. 

 

so say you have 1cc that is 10 years worth of good reporting 

and then you app and get another card. once it reports. your aaoa would be 5 years since you have 120 months +1 month divide by 2  so a 5 year aaoa would be all your cards ages by month they were opened divide by the number of accounts you have. 

 

also if you have loans and other things on there you have to factor that in as well. 

 

even though i have a 2 year card history for 2 cards i have a bunch of cards that are new so my aaoa is about 7-8 months at the moment. 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Regular Contributor
SportBike4Life
Posts: 123
Registered: ‎07-22-2012
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

Not me...yet. Hopefully soon! :smileyhappy:

Jun 2012 FICO® ~ 734 EQ
Sep 2012 FICO® ~ 684 EQ; 734 TU
Oct 2012 FICO® ~ TBA

Goal for 2014 ~760+

Trying to stay in the garden...but also trying to get as many apps as possible for now :smileywink:
Contributor
LilyBee
Posts: 92
Registered: ‎01-23-2009
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

Thank you, Creditnocash.  I never read the fine print on credit scoring.  Good example and info.

 

That teaches me (and everyone else)  to never apply for another credit card if we wish to maintain a high credit score.

 

 

--------------------------------------------------------------------------------
Starting Score (1/1/07) - EQ: 813 -- TU: 804 -- EX 825

Current scores (8/15/14) - EQ - 847; TU-846; EX-841

Goal Score (12/31/14): Whatever
Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

LilyBee wrote:

Thank you, Creditnocash.  I never read the fine print on credit scoring.  Good example and info.

 

That teaches me (and everyone else)  to never apply for another credit card if we wish to maintain a high credit score.

 

 


your welcome. 

i wasn't saying never apply but most people only and (should only apply) when credit is needed not just when they want a bunch of cards. 

 

amex is the only company that backdates so it wont hurt your credit if you open another card with them. just takes the inq. 

 

if you have 15 cards with 10 yr history obviously 1-3 cards isnt going to hurt you that much. 

with that 4 new cards drops your aaoa from 10 years to 7.9 years. 

generally most high achievers have 5+ years according to myFico. 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Valued Contributor
my-own-fico
Posts: 1,237
Registered: ‎01-05-2010
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

LilyBee wrote:

 

My scores have always been above 800, since I started using this website in 2008.  My highest was 830 in 2009.

 

I haven't changed the ones on the Forum yet; but my latest scores are:  TU: 808; EQ: 811, on 9/23/12.  I'm not bragging, I just hate to charge anything except to keep my score up with some activity.


 

Once DW's EX was 832. We had one credit card whose limit had grown over time, and that was it, except she had some old mostly closed store cards bringing about a nice AAoA. I don't know what her EX is now, but given my own has recently improved following the evaporated new credit impact of multiple cards and installment loans, hers may have returned to what it used to be. The difference is that the scores are no longer based on a sliver of our financial picture, but rather a more representative part of it as cash, checks, debit and bank withdrawals are fewer. FICO apparently is fine with either.

The lost luggage office’s trained professional, “Has your plane arrived yet?”
Frequent Contributor
bobebob
Posts: 255
Registered: ‎08-14-2011
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

psychic wrote:
 
 
I've noticed that some Forum members have improved their scores, and now have at least one FICO score of 760 or above.  Others, have had 760+ scores longer.  This is not a contest or competition to see who has the highest FICO scores.  Rather, I'd like to see which Forum members are FICO High Achievers.  Who has at least one FICO Score of 760 or above?


Message Edited by psychic on 04-02-2008 02:59 AM

Most recent scores in my signature.

 

AAOA:  6 years.

history: 13years

bobebob || Sept: My FICO SW EQ(Upgraded Version) = 833 ||Sept: Walmart TU Fico=838Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (7.5k), AmEx Corporate (5k). All PIF every month.
Contributor
LilyBee
Posts: 92
Registered: ‎01-23-2009
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

"This is not a contest or competition to see who has the highest FICO scores.  Rather, I'd like to see which Forum members are FICO High Achievers.  Who has at least one FICO Score of 760 or above?"

I think most folks realize that this is not a competition except perhaps with ourselves and our own scores.  Or, perhaps you are referring to the specific category?  In any event, those with scores of 760 or above are High Achievers, at least in one FICO score.  There used to be a category for those with more than one high FICO score, but I don't know what it is.

 

 

--------------------------------------------------------------------------------
Starting Score (1/1/07) - EQ: 813 -- TU: 804 -- EX 825

Current scores (8/15/14) - EQ - 847; TU-846; EX-841

Goal Score (12/31/14): Whatever