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44 years but all those cards are discontinued and gone - current cards (AmEx and Macy's) 1978 or 37 years
Out of current cards, the earliest one was opened in 2011. My AAoA is 4 years.
Not really!!! None of my cars or cc's when I first started out on on there. But my amex says "member since 1978". Might have you beat! ![]()
A major problem with scoriing of age of accounts, both avg age and oldest account, is that the CRAs have an arbitrary policy, for their own housekeeping purposes, of deleting accounts that have been closed for approx 10'ísh years. That recoups database space. However, it affects scoring of consumers when they do such housekeeping deletions.
Very old AAoA and single accounts are either still open, or if now closed, will cap out at age when closed plus approx 10 years.
You will thus lose an account that you closed after you had it for 3 years when it reaches approx 13 years total age.
It is the single best reason for not closing accounts, as it will then trigger the running of the 10year exclusion period.
Almost 13 years. I dont know when those 2 cards (Chevron Gas card and CareCredit) will stop reporting but its going to hurt my AAoA alot
(10 years inbetween any added cards)
15 Months
Credit history age = 40 years.
Current report shows oldest account as being 24+ years. Lots of stuff has fallen off my reports.
28 years
..but now it comes 3 yrs 9 months AAoA
... added a ton of cards since late 2012
@RobertEG wrote:A major problem with scoriing of age of accounts, both avg age and oldest account, is that the CRAs have an arbitrary policy, for their own housekeeping purposes, of deleting accounts that have been closed for approx 10'ísh years. That recoups database space. However, it affects scoring of consumers when they do such housekeeping deletions.
Very old AAoA and single accounts are either still open, or if now closed, will cap out at age when closed plus approx 10 years.
You will thus lose an account that you closed after you had it for 3 years when it reaches approx 13 years total age.
It is the single best reason for not closing accounts, as it will then trigger the running of the 10year exclusion period.
Yep... my 28 yrs old BofA Travel Rewards card is my ace
.....not sure where I would be without that card ![]()