topic Re: What's my real AAoA? in Credit Cards

What's my real AAoA?

Bman70 — Wed, 08 Oct 2014 08:21:54 GMT

Credit Karma just gave me a 11-point drop because a 10 year old loan was paid off and closed. No negatives or lates. Also I lost a year of AAoA according to CK. So obviously CK isn't counting closed accounts in AAoA. Will my real FICO drop too, or does it factor in closed accounts in good standing? Is there a product I can buy on MyFICO that gives my actual AAoA that lenders use? Disappointed because I thought CK was giving my actual AAoA.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 08:29:41 GMT

Keep in mind that your CK score is only your FAKO score.

CK doesn't count closed accounts you are correct.

It only counts your open active accounts.

Re: What's my real AAoA?

dize — Wed, 08 Oct 2014 09:56:32 GMT

Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Re: What's my real AAoA?

CreditDunce — Wed, 08 Oct 2014 13:52:39 GMT

I am sure you can purchase a score with your AAoA. However, if you are cheap like me, it only takes a couple of minutes with a calculator to figure it out.

The big AAoA includes all of your open and closed accounts. Include revolvers and installment loans. Anything that shows up on your credit report counts. Your AAoA may be different for each CRA.

Actually, I also figure out my revolver only AAoA. But that is mostly because I want to have an idea of what my AAoA will be like once the installment TLs drop off.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 13:53:59 GMT

@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Mine's not that off. 668 on CK, 669 on TU FICO

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 13:58:38 GMT

@CreditDunce wrote:
I am sure you can purchase a score with your AAoA. However, if you are cheap like me, it only takes a couple of minutes with a calculator to figure it out.

The big AAoA includes all of your open and closed accounts. Include revolvers and installment loans. Anything that shows up on your credit report counts. Your AAoA may be different for each CRA.

Actually, I also figure out my revolver only AAoA. But that is mostly because I want to have an idea of what my AAoA will be like once the installment TLs drop off.

Just did this because you mentioned it lol. CK has mine at 2 years 6 months and my actual (if myFico is 100% correct) is 3 years 7 months! Woooo haha

Also CK has my score at 659 and my Fico TU is 702.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:03:16 GMT

I did forget to add that the Wife's CK states 672, while her TU FICO states 703

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:23:00 GMT

@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:30:39 GMT

@Anonymous wrote:
@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

You are right, but given what people are told here and what nearly everyone says, we don't put any faith in CK scores. It seems as though you're just being argumentative with this, no? For all intents and purposes CK scores are useless when you have access to the scores here at MyFico don't you think?

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:38:42 GMT

@Anonymous wrote:
@Anonymous wrote:
@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

You are right, but given what people are told here and what nearly everyone says, we don't put any faith in CK scores. It seems as though you're just being argumentative with this, no? For all intents and purposes CK scores are useless when you have access to the scores here at MyFico don't you think?

No, I don't think that. How could I, how could you? Here you have access to 3 of the 49 OFFICIAL FICO scores, how does that disprove CK. For all we know, CK could be closer to many more of the 49 Official FICO scores than the three scores we see here.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:43:06 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

You are right, but given what people are told here and what nearly everyone says, we don't put any faith in CK scores. It seems as though you're just being argumentative with this, no? For all intents and purposes CK scores are useless when you have access to the scores here at MyFico don't you think?

No, I don't think that. How could I, how could you? Here you have access to 3 of the 49 OFFICIAL FICO scores, how does that disprove CK. For all we know, CK could be closer to many more of the 49 Official FICO scores than the three scores we see here.

Well I know its closer because of lender disclosures. They give the same scores as MyFico, nowhere near CK. Credit Karma has NEVER been accurate for me. I understand you have an ax to grind with the services here but come on.

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:54:41 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

You are right, but given what people are told here and what nearly everyone says, we don't put any faith in CK scores. It seems as though you're just being argumentative with this, no? For all intents and purposes CK scores are useless when you have access to the scores here at MyFico don't you think?

No, I don't think that. How could I, how could you? Here you have access to 3 of the 49 OFFICIAL FICO scores, how does that disprove CK. For all we know, CK could be closer to many more of the 49 Official FICO scores than the three scores we see here.

Well I know its closer because of lender disclosures. They give the same scores as MyFico, nowhere near CK. Credit Karma has NEVER been accurate for me. I understand you have an ax to grind with the services here but come on.

No, No, No! This has nothing to do with the substandard "monitoring" 3B product they currently have. That I am helping improve, BTW.

I like my FICO scores here more than my lower score at CK. So, I am fine with myFICO. However, there ARE 49 official FICO scores, and we only get three here. It is true that most credit card lenders are using FICO08, the model used here. But, just most lenders, not ALL lenders. And CK is probably very close to the FICO used for mortgages, and other types of lenders. So, I don't see the need to put down one free score as FAKO, when 48 of the 49 official FICO scores will also be FAKOS for any specific lender. That's all I am saying. And, keep buying scores from here, I like mine!

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 14:56:42 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@dize wrote:
Yeah, CK is hugely off for me. My CK is 628, while my real TU is 702. huge difference.

Sorry, but that is VERY simplistic. You are talking like there is one FICO. There are 49 OFFICIAL FICO scores for everyone of us. I bet you CK coincides within a point or two with a few of them. For any given lender that uses one FICO score, you have another 48 official FICO scores that are as FAKO as CK.

You are right, but given what people are told here and what nearly everyone says, we don't put any faith in CK scores. It seems as though you're just being argumentative with this, no? For all intents and purposes CK scores are useless when you have access to the scores here at MyFico don't you think?

No, I don't think that. How could I, how could you? Here you have access to 3 of the 49 OFFICIAL FICO scores, how does that disprove CK. For all we know, CK could be closer to many more of the 49 Official FICO scores than the three scores we see here.

Well I know its closer because of lender disclosures. They give the same scores as MyFico, nowhere near CK. Credit Karma has NEVER been accurate for me. I understand you have an ax to grind with the services here but come on.

No, No, No! This has nothing to do with the substandard "monitoring" 3B product they currently have. That I am helping improve, BTW.

I like my FICO scores here more than my lower score at CK. So, I am fine with myFICO. However, there ARE 49 official FICO scores, and we only get three here. It is true that most credit card lenders are using FICO08, the model used here. But, just most lenders, not ALL lenders. And CK is probably very close to the FICO used for mortgages, and other types of lenders. So, I don't see the need to put down one free score as FAKO, when 48 of the 49 official FICO scores will also be FAKOS for any specific lender. That's all I am saying. And, keep buying scores from here, I like mine!

Gotcha, I was just interpreting your post wrong, my bad. I was up late last night watching my SF Giants win the NLDS so I'm a little tired

Re: What's my real AAoA?

Anonymous — Wed, 08 Oct 2014 15:10:03 GMT

@Anonymous wrote:
Gotcha, I was just interpreting your post wrong, my bad. I was up late last night watching my SF Giants win the NLDS so I'm a little tired

See? That's why I only follow European football (soccer), by 5pm I'm DONE!