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AAOA

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antgavjoc
Established Member

AAOA

Silly Question,

How is AAOA calculated? Is it your open revolving accounts or a summary of all of your accounts in your credit profile including closed accounts? Is it only CC or other lines of credit as well? Thank you!!


Starting Score: 588My Fico Equifax, 605 My Fico TU 621, My Fico Exp 620
Current Score: 614
8/7/2019 My Fico Equifax 605, My fico TU 621
Goal Score: 750


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Remedios
Credit Mentor

Re: AAOA

All open and closed accounts currently on your CR (revolving and installment loans), add them together (in months) and divide by number of accounts.
Message 2 of 3
Jnbmom
Credit Mentor

Re: AAOA


@antgavjoc wrote:

Silly Question,

How is AAOA calculated? Is it your open revolving accounts or a summary of all of your accounts in your credit profile including closed accounts? Is it only CC or other lines of credit as well? Thank you!!


AAOA is calculated by totaling the monthly ages of all the accounts in your credit file (including closed accounts but excluding any collection accounts and judgments) and then dividing this sum by the number of accounts.

 

here's a neat calculator to put the numbers in.

 

https://aaoa-calculator.org/

EXP 780 EQ 791TU 795
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