Credit Account Age

[John060675]

I have an average account age of 3.5 years on my credit report, and when I pull my monthly credit report through myFICO for Equifax and Transunion, one of the negative influences is too young of an account age.  At what point does this turn into a strength and actually help with credit score?  I have always heard 2 or 3 years, but I am past that point.

Thank you.

[Anonymous]

I'm going to guess 6 because of this. My 5 AAoA is my #2 negative behind my 9 yr old BK.

Average age of your accounts
5 years

Most FICO High Achievers [?]have an average age of accounts between 6 and 12 years.

[RobertEG]

No one can tell you definatively how AAoA affects your score over time, as this is a proprietary trade secret within the FICO scoring algorithm.

All we can go upon are anecdotal experiences from consumers.  Most seem to report that AAoA scoring shows a bump at around 5-6 years.   But this is not a major FICO category, so increases are slow and compartively small.

[llecs]

OP, YMMV. Within your scoring bucket, most people have an AAoA or length of history greater than yours. One day you'll get rebucketed and overnight it'll turn into a positive. Remember also, your AAoA is measured in whole numbers and is rounded down. Technically, it would be 3 yrs and in 6 months it'll turn 4 if you don't add or lose anything.

You can easily have a 3 yr AAoA as a negative on one report and as a positive on the other due to the scoring buckets.