@BR wrote:Age of oldest account - 9 years 6 months
Average age of accounts - 1 year 10 months
(one caveat is that my average age of accounts it being propped up because my apartment is reporting my rent to the credit agencies so it looks like i have a 7 year old account on it). Not sure if that matters or if credit card companies/mortgage companies/auto loans etc will take this account off to calculate the fico number they will use if i apply for a loan.
Also piggy backing off this question
What values of AoMROA andRecent inquiries will cause "new credit" to stop negatively affecting my score and be upgraded from Poor to "Fair"?
Age of most recently opened account - 4 months
Recent inquiries - 11 (but i know these stop affecting after a year so 8 more months).
1. It is doubtful that your AAoA in FICO is being affected by your rental history.
2. One key moment is your AoYA's reaching 12 months old. When that happens you get moved to a higher scorecard. In my case it has yielded 26 points to reach that lofty level, and cost me 26 points the minute I blew it with a new account. It also appears that 6 months can give you a more modest score boost as well.
3. Your age of oldest account is probably as good as it gets.
4. As I recall, 3 years and 7 years are thresholds in AAoA, but I'm not sure. Hopefully someone else can chime in on that.
@SouthJamaica wrote:3. Your age of oldest account is probably as good as it gets.
4. As I recall, 3 years and 7 years are thresholds in AAoA, but I'm not sure. Hopefully someone else can chime in on that.
Like you, I've read that 3 years is a threshold for AAoA.
I thought 20 years was as good as it gets in AoOA and AAoA. I don't know where I read that and I could be way off.
EQ8 782, TU8 764, EX8 776 as of October 3
Three years is important for both AAoA and AoOA. The next step for you is getting AAoA above 3 years. The below is from an Experian credit report back in 2016. It suggests 7 years 8 months is a threshold for maximum value associated with AAoA:
