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Posts: 650
Registered: ‎03-01-2012
Re: How To Determine AAoA?

pozativelyliving wrote:

Do CRAs go by the average of open credit lines or all credit lines? And if it's all credit lines, do they include accounts that were closed because they weren't being used and also accounts that were included in a BK?


If it's open accounts, that will be fairly easy to do.  If it's ALL accounts, that will be a project! 

It's not a matter of what CRAs do.  FICO alogorithm uses all accounts open and closed when determining AAoA to be part of the score calculation.   Of course, this is based on anecdotes and what FICO shares about it's alrotithms via estimators, etc.  

My Starting Score: EQ: 691 (11/30/11) TU98: 726 (11/30/11)
My Current Score: EQ: 779 (04/22/13) TU08: 835 (06/03/13)
DW Starting Score: EQ: 742 (03/02/12) TU98: 748 (03/02/12)
DW Current Score: EQ: 784 (03/11/13) TU08: 775 (06/03/13)