I've been reading on here that even closed accounts are factored into AAoA. However, I saw a tip on Equifax that says if you're going to close an account, not to close the oldest account because it will decrease the AAoA. So which information is correct? If I pay off and close my most recent SL, will it have no affect on my score and AAoA, or will it increase my AAoA?
Equifax may be giving info on what affects their in-house (= FAKO) score.
It's established, well-known, incontrovertible, etc etc, that for FICO scoring, an account which shows up on your report, even if it's closed, is factored into scoring. Once the account is no longer reported, then yes, it doesn't help you.
Thanks for sending this in! Another good reason to ignore FAKO scores and especially FAKO score advice... 
PS: if you can find the screen that stated this, can you post the link (URL) here? thx
@haulingthescoreup wrote:Equifax may be giving info on what affects their in-house (= FAKO) score.
It's established, well-known, incontrovertible, etc etc, that for FICO scoring, an account which shows up on your report, even if it's closed, is factored into scoring. Once the account is no longer reported, then yes, it doesn't help you.
Thanks for sending this in! Another good reason to ignore FAKO scores and especially FAKO score advice...
PS: if you can find the screen that stated this, can you post the link (URL) here? thx
They're random tips that pop up now and then, but next time I see it I'll grab a screenshot of it! Thanks!