topic Re: AAoA thresholds in Understanding FICO® Scoring

AAoA thresholds

cr101 — Sat, 31 Oct 2020 21:05:15 GMT

I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 02:26:55 GMT

@cr101 wrote:
I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.

This is what we have come up with so far, as of October 2020:

Birdman7: "So it appears 12 months, 18 months, 48 months, 60 months, 66 months, 72 months, 78 months, 84 months, and 90 months. (And I’m sure there are more in between 18 and 48.) Edit: also unconfirmed reports at 24 months, 30 months, and 54 months."

(Link to thread discussing this.)

12 months / 1yr 0mo (3 EX 9 scores up 8-10 points, +4 on TU 8, my report here)
18 months / 1yr 6mo (Confirmed twice by me, really good on all mortgage scores, LINK )
24 months / 2yr 0mo (Unconfirmed)
30 months / 2yr 6mo (Unconfirmed)
48 months / 4yr 0mo ( EX 8 +27 points, ChemE_Bear, LINK )
54 months / 4yr 6mo (Unconfirmed)
60 months / 5yr 0mo
66 months / 5yr 6mo
72 months / 6yr 0mo
78 months / 6yr 6mo (Confirmed by BrutalBodyShots)
84 months / 7yr 0mo (Confirmed by K-in-Boston, LINK )
90 months / 7yr 6mo

Lost/Stolen accounts can be included in AAoA.

Closed accounts are included in AAoA.

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 02:38:59 GMT

@cr101 wrote:
I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.

Is AAoA still a thing for dirty scorecards? SO hit 7 year AAoA and I am willing to look up any scoring changes if it is, but if it doesn't affect dirty scorecards, no sense in all the leg work of looking and typing lol

Re: AAoA thresholds

cr101 — Sun, 01 Nov 2020 02:57:03 GMT

@Anonymous wrote:
@cr101 wrote:
I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.
Is AAoA still a thing for dirty scorecards? SO hit 7 year AAoA and I am willing to look up any scoring changes if it is, but if it doesn't affect dirty scorecards, no sense in all the leg work of looking and typing lol

You're asking the wronnng person. LOL. I know that my AAoA has changed based on my EX report. I'm just not sure how it affects me.

@Anonymous I'm assuming that if your AAoA goes under a threshold, you lose points. Is that how it works?

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 03:02:00 GMT

@Anonymous wrote:
Is AAoA still a thing for dirty scorecards? SO hit 7 year AAoA and I am willing to look up any scoring changes if it is, but if it doesn't affect dirty scorecards, no sense in all the leg work of looking and typing lol

You should check it! It just might be the same for dirty scorecards. ( @Anonymous : Seen anything to refute that? )

But there are also various reason statements for all 3 bureau FICO 8 scores that have this explanation:

"Missed and late payments, including the number of late payments, how late they were, and how recently they occurred, are an important part of your FICO® Score."

What we might think is an AAoA threshold on a dirty scorecard could also be related to that recency remark.

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 03:09:17 GMT

@cr101 wrote:
@Anonymous I'm assuming that if your AAoA goes under a threshold, you lose points. Is that how it works?

Yes, that's it.

Once you hit one of those AAoA thresholds on the 1st of the month, you'll see some score gains.

Sometimes something that would cause a score loss is offset by that sort of aging gain on the 1st, leading to posts like "My aggregate util went up from 9 to 20% and so did my scores!".

(Scores went down due to util and aging offset the loss leading to a net gain.)

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 04:57:38 GMT

@Anonymous wrote:
@cr101 wrote:
I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.
Is AAoA still a thing for dirty scorecards? SO hit 7 year AAoA and I am willing to look up any scoring changes if it is, but if it doesn't affect dirty scorecards, no sense in all the leg work of looking and typing lol

@Anonymous yes length of history factors in dirty cards however it is weighted much less than clean cards.

@Anonymous so your point change would just be less than if you were in a clean card.

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 18:02:55 GMT

I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol

I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 19:49:56 GMT

@Anonymous wrote:
I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol
I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?

@Anonymous that depends on the version, for the mortgage scores, you were no longer new to credit at two years AoOA, and for version 8 and 9, you were no longer new to credit at two years AoOA. Whether or not you are a young or mature file depends on crossing that one AoOA threshold that reassigns scorecards.

AAoA on the other hand, has nothing to do with whether you are new to credit. AAoA is a scoring factor that adds points as your average account age increases. The corresponding negative reason code is triggered by either AoOA being below its threshold or AAoA being less than its maximum threshold, or both being under.

Similarly, AoORA and AAoRA are also scoring factors that award points as your oldest revolver or average age of revolvers increase. Those thresholds are not well known, but again the code is triggered if either are below the maximum threshold.

Re: AAoA thresholds

cr101 — Sun, 01 Nov 2020 20:06:04 GMT

@Anonymous wrote:
I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol
I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?

Okay, this is kind of depressing and a bit of a reality check for me. I'm not worrying myself for 8-10 yrs just so that the AAoA increases to a level that I'm no longer considered too "new". There's nothing that I can do to beat the math, aside from being added as an AU for an older card.

The AAoA that was used to acquire my last 3 cards was 3.75 yrs, and those were my 3 highest SL. I only got 1 SL that high before when my AAoA was over 6yrs. So, a "low" AAoA doesn't appear to stop creditors from issuing new credit. I am curious, though, what we're missing out on by not having a higher AAoA. Higher limits? Lower APRs? Or is it just used to calculate the score?

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 20:21:06 GMT

@cr101 wrote:
@Anonymous wrote:
I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol
I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?
Okay, this is kind of depressing and a bit of a reality check for me. I'm not worrying myself for 8-10 yrs just so that the AAoA increases to a level that I'm no longer considered too "new". There's nothing that I can do to beat the math, aside from being added as an AU for an older card.

The AAoA that was used to acquire my last 3 cards was 3.75 yrs, and those were my 3 highest SL. I only got 1 SL that high before when my AAoA was over 6yrs. So, a "low" AAoA doesn't appear to stop creditors from issuing new credit. I am curious, though, what we're missing out on by not having a higher AAoA. Higher limits? Lower APRs? Or is it just used to calculate the score?

@cr101 yes it would give you a higher score potentially if you're not at your score cards Max. With that being said creditors not only use that increased score to determine those things, but also look at it individually as an indication of credit seeking overall, imo.

Re: AAoA thresholds

M_Smart007 — Sun, 01 Nov 2020 23:26:52 GMT

@Anonymous wrote:
@cr101 wrote:
I saw an older post that indicated that there might be some type of threshold for AAoA. Any info on this?

Please also let me know if lost/stolen cards (that have been closed) are included in that calculation.
This is what we have come up with so far, as of October 2020:

Birdman7: "So it appears 12 months, 18 months, 48 months, 60 months, 66 months, 72 months, 78 months, 84 months, and 90 months. (And I’m sure there are more in between 18 and 48.) Edit: also unconfirmed reports at 24 months, 30 months, and 54 months."
(Link to thread discussing this.)

12 months / 1yr 0mo (3 EX 9 scores up 8-10 points, +4 on TU 8, my report here)
18 months / 1yr 6mo (Confirmed twice by me, really good on all mortgage scores, LINK )
24 months / 2yr 0mo (Unconfirmed)
30 months / 2yr 6mo (Unconfirmed)
48 months / 4yr 0mo ( EX 8 +27 points, ChemE_Bear, LINK )
54 months / 4yr 6mo (Unconfirmed)
60 months / 5yr 0mo
66 months / 5yr 6mo
72 months / 6yr 0mo
78 months / 6yr 6mo (Confirmed by BrutalBodyShots)
84 months / 7yr 0mo (Confirmed by K-in-Boston, LINK )
90 months / 7yr 6mo
Lost/Stolen accounts can be included in AAoA.
Closed accounts are included in AAoA.

"30 months / 2yr 6mo (Unconfirmed)"

@Anonymous and @Anonymous ,

I just wanted to add my DP ..

I crossed over to 2yr and 6 months AAoA today on EX and EQ .. TU is a little weird,

because I have (2) HSBC CC's that do not report there. So AAoA is a little older.

EX FICO8>> I seen no points gain, with no other changes other than just crossing over to 30 months AAoA.

Pretty aged, thick, clean credit profile, a lot of old accounts and many new accounts less than 24 months.

This is straight from Experian and I did not 3B pull to check EQ.

That is all, just wanted to throw my 2 cents in the hat.

Thank you all for your valuable time and information. It has really helped me

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 23:27:27 GMT

@cr101 wrote:
@Anonymous wrote:
I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol
I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?
Okay, this is kind of depressing and a bit of a reality check for me. I'm not worrying myself for 8-10 yrs just so that the AAoA increases to a level that I'm no longer considered too "new". There's nothing that I can do to beat the math, aside from being added as an AU for an older card.

The AAoA that was used to acquire my last 3 cards was 3.75 yrs, and those were my 3 highest SL. I only got 1 SL that high before when my AAoA was over 6yrs. So, a "low" AAoA doesn't appear to stop creditors from issuing new credit. I am curious, though, what we're missing out on by not having a higher AAoA. Higher limits? Lower APRs? Or is it just used to calculate the score?

The score and credit report data are just a small part of what lenders use for approval and initial limits. Their own internal algorithms provide far more information about us.

I had 1yr 0mo for all 3 major aging metrics (AoOA, AAoA, AoYA) when I got my first 2 cards with $2000 and $6500 initial CLs.

I had no revolving credit history (AoORA = 0 months!), with just a year of payment history on a $500 secured credit builder loan.

It's now 1yr 11mo later and I have 4 cards with total $32,000 CL. My AAoA is the highest it's ever been - 1yr 8mo as of Nov 1.

AMEX approved me with initial CL of $11,500 at AAoA 1yr 2mo. (APR 20%, which makes sense to me.)

Discover's initial CL of $4000 made sense as well - I had just taken an inquiry for AMEX hours earlier.

Citi increased my limit from $6500 to $13,000 via SPs over this same timeframe. (APR 15.24%)

Re: AAoA thresholds

cr101 — Sun, 01 Nov 2020 23:31:28 GMT

@Anonymous wrote:
@cr101 wrote:
@Anonymous wrote:
I'm curious when I will no longer be new to credit with an AAoA of 5.5 years. lol
I understand that each time you app it shortens it a bit, and most of my file is newly aquired withing the last 5 years. I do have older accounts that have since been closed. Just wondering how much longer this wait will be, 8, 10 years?
Okay, this is kind of depressing and a bit of a reality check for me. I'm not worrying myself for 8-10 yrs just so that the AAoA increases to a level that I'm no longer considered too "new". There's nothing that I can do to beat the math, aside from being added as an AU for an older card.

The AAoA that was used to acquire my last 3 cards was 3.75 yrs, and those were my 3 highest SL. I only got 1 SL that high before when my AAoA was over 6yrs. So, a "low" AAoA doesn't appear to stop creditors from issuing new credit. I am curious, though, what we're missing out on by not having a higher AAoA. Higher limits? Lower APRs? Or is it just used to calculate the score?
The score and credit report data are just a small part of what lenders use for approval and initial limits. Their own internal algorithms provide far more information about us.

I had 1yr 0mo for all 3 major aging metrics (AoOA, AAoA, AoYA) when I got my first 2 cards with $2000 and $6500 initial CLs.
I had no revolving credit history (AoORA = 0 months!), with just a year of payment history on a $500 secured credit builder loan.

It's now 1yr 11mo later and I have 4 cards with total $32,000 CL. My AAoA is the highest it's ever been - 1yr 8mo as of Nov 1.
AMEX approved me with initial CL of $11,500 at AAoA 1yr 2mo. (APR 20%, which makes sense to me.)
Discover's initial CL of $4000 made sense as well - I had just taken an inquiry for AMEX hours earlier.
Citi increased my limit from $6500 to $13,000 via SPs over this same timeframe. (APR 15.24%)

Very reassuring. Thank you.

Re: AAoA thresholds

Anonymous — Mon, 02 Nov 2020 02:43:01 GMT

@M_Smart007 wrote:
I crossed over to 2yr and 6 months AAoA today on EX and EQ .. TU is a little weird,
because I have (2) HSBC CC's that do not report there. So AAoA is a little older.

EX FICO8>> I seen no points gain, with no other changes other than just crossing over to 30 months AAoA.
Pretty aged, thick, clean credit profile, a lot of old accounts and many new accounts less than 24 months.

This may be similar to how older profiles don't see those incredible AoYA 3mo (EX 8 +23) and 6mo gains that I did on a young credit profile.

My next time around at AoYA 3mo/6mo wasn't as beneficial with 2yrs 6mo total credit history.

Re: AAoA thresholds

M_Smart007 — Sun, 01 Nov 2020 23:46:48 GMT

@Anonymous wrote:
This may be similar to how older profiles don't see those incredible AoYA 3mo (EX 8 +23) and 6mo gains that I did on a young credit profile.

My next time around at AoYA 3mo/6mo wasn't as benefical with 2yrs 6mo total credit history.

@Anonymous, I believe this ^^^ IMHO to be 100% correct!

I am NO FICO scoring ~~guru~~ a·fi·ci·o·na·do/əˌfiSHəˈnädō/

like some of ya'all are

And besides, who is the student to argue with the teachers?

Thank you

Re: AAoA thresholds

Anonymous — Sun, 01 Nov 2020 23:55:51 GMT

@M_Smart007 wrote:
@Anonymous wrote:
This may be similar to how older profiles don't see those incredible AoYA 3mo (EX 8 +23) and 6mo gains that I did on a young credit profile.

My next time around at AoYA 3mo/6mo wasn't as benefical with 2yrs 6mo total credit history.
@Anonymous, I believe this ^^^ IMHO to be 100% correct!
I am NO FICO scoring ~~guru~~ a·fi·ci·o·na·do/əˌfiSHəˈnädō/
like some of ya'all are
And besides, who is the student to argue with the teachers?

Thank you

@M_Smart007 Thank you for the data points and kind words. Yes I think the other aging metrics may have something to do with it or whether it's a young or mature scorecard possibly. There's still a lot we don't know.

please let us know if you get an alert for Equifax.

Re: AAoA thresholds

M_Smart007 — Mon, 02 Nov 2020 00:42:30 GMT

@Anonymous wrote:
@M_Smart007 Thank you for the data points and kind words. Yes I think the other aging metrics may have something to do with it or whether it's a young or mature scorecard possibly. There's still a lot we don't know.

please let us know if you get an alert for Equifax.

@Anonymous, RE: "EQ" I certainly will do

I can do my next 3B pull just under 6 days ..I will cross no other thresholds in that time frame.

I will update if I see any changes due to ~~2.6 months~~ (2.5 years/30 months 😉). AAoA.

Re: AAoA thresholds

Anonymous — Mon, 02 Nov 2020 00:36:57 GMT

@M_Smart007 that sounds awesome thank you! (2.5 years/30 months 😉).

Re: AAoA thresholds

M_Smart007 — Mon, 02 Nov 2020 00:43:58 GMT

@Anonymous wrote:
@M_Smart007 that sounds awesome thank you! (2.5 years/30 months 😉).

LOL, Sorry ... not much sleep

ETA: (2.5 years/30 months 😉).Edited my other post