1. Does being an AU on an account affect your AAoA? I was added as an AU on my mother in law's Amex BCP that she just opened 2 months ago. She opened it to help DH and myself with credit etc. Just wondering if that new account affects AAoA, as I know it affects basically everything else 
.
2. When an item is scheduled to be dropped from a report, does that happen at the first of the month, middle, end, random or what? I have a collection that is scheduled to be removed Aug 2014, according to EX, just wondering when I can/should expect that to be gone.
Thanks everyone in advance for your responses.
@Eyisila wrote:1. Does being an AU on an account affect your AAoA? I was added as an AU on my mother in law's Amex BCP that she just opened 2 months ago. She opened it to help DH and myself with credit etc. Just wondering if that new account affects AAoA, as I know it affects basically everything else
2. When an item is scheduled to be dropped from a report, does that happen at the first of the month, middle, end, random or what? I have a collection that is scheduled to be removed Aug 2014, according to EX, just wondering when I can/should expect that to be gone.
Thanks everyone in advance for your responses.
If the AU is counted (I'm guessing yours may not be under FICO 8, likely different address, last name, and goodness knows what else they're using for their anti-abuse policy) yes it counts like any other credit card for AAOA purposes.
In my limited experience it was first of month, but that may be derog or bureau specific: in other cases it might be on the annual boundary (365 x 7 years or whatever) from last derogatory / activity. I would personally just wait till end of month or spot check a report if I needed it sooner than that.
@Revelate wrote:
@Eyisila wrote:1. Does being an AU on an account affect your AAoA? I was added as an AU on my mother in law's Amex BCP that she just opened 2 months ago. She opened it to help DH and myself with credit etc. Just wondering if that new account affects AAoA, as I know it affects basically everything else
2. When an item is scheduled to be dropped from a report, does that happen at the first of the month, middle, end, random or what? I have a collection that is scheduled to be removed Aug 2014, according to EX, just wondering when I can/should expect that to be gone.
Thanks everyone in advance for your responses.
If the AU is counted (I'm guessing yours may not be under FICO 8, likely different address, last name, and goodness knows what else they're using for their anti-abuse policy) yes it counts like any other credit card for AAOA purposes.
In my limited experience it was first of month, but that may be derog or bureau specific: in other cases it might be on the annual boundary (365 x 7 years or whatever) from last derogatory / activity. I would personally just wait till end of month or spot check a report if I needed it sooner than that.
+1
but locking in your member date with Amex will far exceed any negative aa effects now if any.
@Creditaddict wrote:
@Revelate wrote:
@Eyisila wrote:1. Does being an AU on an account affect your AAoA? I was added as an AU on my mother in law's Amex BCP that she just opened 2 months ago. She opened it to help DH and myself with credit etc. Just wondering if that new account affects AAoA, as I know it affects basically everything else
2. When an item is scheduled to be dropped from a report, does that happen at the first of the month, middle, end, random or what? I have a collection that is scheduled to be removed Aug 2014, according to EX, just wondering when I can/should expect that to be gone.
Thanks everyone in advance for your responses.
If the AU is counted (I'm guessing yours may not be under FICO 8, likely different address, last name, and goodness knows what else they're using for their anti-abuse policy) yes it counts like any other credit card for AAOA purposes.
In my limited experience it was first of month, but that may be derog or bureau specific: in other cases it might be on the annual boundary (365 x 7 years or whatever) from last derogatory / activity. I would personally just wait till end of month or spot check a report if I needed it sooner than that.
+1
but locking in your member date with Amex will far exceed any negative aa effects now if any.
Oh dear, I completely missed the Amex part of that. Amex AU's (ACM's actually) get a completely new tradeline on their report with a different account number: they don't inherit the past history, so it won't help your AAOA at all in that regard. CA is correct though, it does setup your membership date for when you potentially apply for your own Amex in the future.
Thanks everyone for the replies. I understand that I won't get any 'backdating' for the Amex. Doesn't apply, unless my mother in law had an Amex way back that she hasn't mentioned LoL. I am just wondering about the AAoA of my own personal credit files. Since I am an ACM and did get that new tradeline, that means my AAoA takes a little hit correct?
@Revelate wrote:
@Creditaddict wrote:
@Revelate wrote:
@Eyisila wrote:1. Does being an AU on an account affect your AAoA? I was added as an AU on my mother in law's Amex BCP that she just opened 2 months ago. She opened it to help DH and myself with credit etc. Just wondering if that new account affects AAoA, as I know it affects basically everything else
2. When an item is scheduled to be dropped from a report, does that happen at the first of the month, middle, end, random or what? I have a collection that is scheduled to be removed Aug 2014, according to EX, just wondering when I can/should expect that to be gone.
Thanks everyone in advance for your responses.
If the AU is counted (I'm guessing yours may not be under FICO 8, likely different address, last name, and goodness knows what else they're using for their anti-abuse policy) yes it counts like any other credit card for AAOA purposes.
In my limited experience it was first of month, but that may be derog or bureau specific: in other cases it might be on the annual boundary (365 x 7 years or whatever) from last derogatory / activity. I would personally just wait till end of month or spot check a report if I needed it sooner than that.
+1
but locking in your member date with Amex will far exceed any negative aa effects now if any.
Oh dear, I completely missed the Amex part of that. Amex AU's (ACM's actually) get a completely new tradeline on their report with a different account number: they don't inherit the past history, so it won't help your AAOA at all in that regard. CA is correct though, it does setup your membership date for when you potentially apply for your own Amex in the future.
