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how will this effect my average age of accounts?

mt2va
Established Contributor

how will this effect my average age of accounts?

As I take care of some old debts on my CR (hoping to get PFD) & they come off my report how will this effect my average age of accounts & my overall credit history? 
Starting Scores 10/12: EQ 460 (FICO)/TU 502 (FAKO)/EX 474 (FAKO)
(7/14): EQ 572 (FICO)/TU 624 (FICO)/ EX 612 (FICO)

Current (2016): EQ 605 (FICO)/TU 657 (FICO)/EX 646 (FICO)




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Moderator Emeritus

Re: how will this effect my average age of accounts?

If they are collections reporting under the collections as they are suppost to, it won't change your AAoA or overall history.

 

If regular TL, depending on their age and the age of your remaining TL, it could either decrease or increase your AAoA and overall history(if it is your oldest).

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