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Average Age of Accounts

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Anonymous
Not applicable

Average Age of Accounts

I see a lot of posts about making sure that deleting a TL won't lower the average age of accounts.  Where do you find out what your average age is?  I have looked all over my CRs and cannot find this information.  I looked on my reports that I got from myFico and also the reports that I got from each CRA.  All I see is the length of credit history.  Can someone please point me in the right direction.  Any help would be greatly appreciated.
Message 1 of 6
5 REPLIES 5
fused
Moderator Emeritus

Re: Average Age of Accounts

Look on page #2, Understanding Your Score, on your FICO reports (EQ and TU only)
Message 2 of 6
Anonymous
Not applicable

Re: Average Age of Accounts

 
 


Message Edited by JewelryGirl on 08-03-2008 03:24 PM
Message 3 of 6
Anonymous
Not applicable

Re: Average Age of Accounts

Thanks for your response Fused.  This is what I have under Understanding Your FICO Score.
 
What's hurting: 
1.  27 accounts 60 days late or worse
2.  Public Records - 1
3.  Collections - 8
4.  Recent Missed Payment - 1 Month
5.  Number of accounts with missed payments - 27
6.  Most recent public record - 4 years 6 months
7.  Most recent collection - 10 months
 
What's helping:
1.  NOTHING (LOL........Well, not really but it is better to laugh than cry).
    
Message 4 of 6
llecs
Moderator Emeritus

Re: Average Age of Accounts

It isn't on every report. YMMV. When we started to track DW's FICO reports, avg. age wasn't listed. However, when she added 6 new CC accts in a 2 mo. period of time, it was added in a hurry.
 
You can do it manually by using the open date listed on each account, open or closed, excluding CAs.
Message 5 of 6
Anonymous
Not applicable

Re: Average Age of Accounts

Thanks.  Looks like I will have to do it manually.  Good thing I am good with math.  Lol.
Message 6 of 6
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