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shinedown87
Posts: 65
Registered: ‎10-03-2012
Re: How To Determine AAoA?
[ Edited ]

Thanks for posting this spreadsheet.  I have a few questions for those that would be kind enough to answer.

 

From what I have read here at myFICO recently, if an account is closed, it continues to be factored into the AAoA for 10 years after closure.  Does this spreadsheet automatically stop using the credit for calculation after the 10 years, or would I need to manually remove the old closed account?

 

Amex charge cards should be entered in as installments? What should I enter for the 'limit' on these cards?

 

I have a Bank of America Cash Rewards that does not report my credit limit.  What should I enter in the 'limit' field?  Since I can't enter '0' should I just enter a '1'?