topic Re: Y oldest Re: Oldest account not being counted in General Credit Topics

Oldest account not being counted

SeeSaw — Wed, 05 Jan 2022 20:52:30 GMT

When I view a summary of all my reports, they each say that one of my negatives is that my oldest account is only 4+ years old, which isn't true. My oldest active account was opened 20 years ago. Can someone explain to me why this perfectly paid account isn't being counted?

Re: Oldest account not being counted

dragontears — Wed, 05 Jan 2022 22:51:01 GMT

@SeeSaw wrote:
When I view a summary of all my reports, they each say that one of my negatives is that my oldest account is only 4+ years old, which isn't true. My oldest active account was opened 20 years ago. Can someone explain to me why this perfectly paid account isn't being counted?

Is that account yours or is it an AU?

Y oldest Re: Oldest account not being counted

SeeSaw — Wed, 05 Jan 2022 23:02:11 GMT

It's an AU.

Oddly, I just looked at my Vantage 3 from NavyFed and it shows my oldest account as 15 years old

Re: Y oldest Re: Oldest account not being counted

OmarGB9 — Thu, 06 Jan 2022 02:25:47 GMT

Well firstly, if it was opened in 2007, that makes it only 15 years old, not 20.

Secondly, if it's an AU then that's why, because it's not YOUR account. It's whomever the primary cardholder is's account. You're just authorized to spend on it (technically speaking).

Re: Y oldest Re: Oldest account not being counted

SeeSaw — Thu, 06 Jan 2022 03:09:11 GMT

Lol, thanks.

When you wake up at 3am, your math is a little fuzzy late in the day.

On my Vanguard 3.0 that account is factored in.

Re: Y oldest Re: Oldest account not being counted

OmarGB9 — Thu, 06 Jan 2022 06:31:47 GMT

@SeeSaw wrote:
Lol, thanks.
When you wake up at 3am, your math is a little fuzzy late in the day.

On my Vanguard 3.0 that account is factored in.

Vantage?

Anyway, Vantagescores use a completely different formula than FICO scores, so you're comparing apples to oranges here.

Re: Y oldest Re: Oldest account not being counted

SeeSaw — Thu, 06 Jan 2022 06:54:52 GMT

I'm not making a comparison

I was only commenting that while that account wasn't counted in my fico reports, it was counted in vantage. A lot seems to have changed in the years I wasn't really paying attention to the credit world. I have several accounts that I paid off many years ago on my way out of the military that are no longer on my credit reports.