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I've opened 3 small unsecured CCs in 2011 to rebuild and one of the things I keep seeing that is impacting my score is "amount of new credit". My AAoA is 6 years, with my oldest being 13 years. Is there a time frame that the "new" business falls out of the equation?
@thankfulheart wrote:I've opened 3 small unsecured CCs in 2011 to rebuild and one of the things I keep seeing that is impacting my score is "amount of new credit". My AAoA is 6 years, with my oldest being 13 years. Is there a time frame that the "new" business falls out of the equation?
From reading many posts it seems that 6-12 months is about the norm.
From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".