Effects of oldest closed TLs dropping off?

[TravellingNomad]

Hi everyone,

3 of my oldest TLs are set to drop off soon (per EQ's estimation mid 2014). These were cc's and a car loan from my CU that were opened back in 1999 and were closed in good standing around 2003-3004. MyFico EQ and TU reports indicate my credit history is at 14.5 years and average age of account is 4 years. Now the next oldest account I have is my BofA cc that was opened in 2007 and was closed in good standing in 2009. Then I opened my Cap1 and BBRZ in 2009 and then my next cc's were opened in 2011 up to this year (which are all open and includes 2 personal loans with 1 paid off recently).

When the 3 oldest TLs fall off next year, how big of an impact will it make on my credit? Would my AAoA now be significantly lower when thishappens? I'm losing a significant length of credit history years by this time next year...and i'm concerned that i take several steps forward in improving my credit, just to take one big leap back and suffer another setback score-wise because i would have a shorter credit history.

Any insight is greatly appreciated. TIA

[llecs]

By how much would your AAoA change?

A lot of things can happen. If your oldest or oldest among a specific account type (e.g. revolving, installment), then that alone could ding you. But it depends on the change in age. AAoA is the other part, but it depends by how much that changes. It's a YMMV-thing. Not everyone loses/gains points when AAoA changes. Finally scoring buckets come into play too; depends if you'd change buckets in the process. IME, I've lost my oldest revolving and was my oldest overall by 4 years and lost about 20 on a clean report. DW lost a CapOne CO due to the 7 yrs and she lost 20 or so because it was her oldest by several years, and still had baddies remaining. YMMV.