Very nervous about aging accounts

Anonymous · ‎01-31-2021

Happy Sunday! I just realized I have seven negative accounts aging off my Transunion and Equifax reports in February. They are some of my older accounts. There are 6 student loans and 1 traditional loan account. These are all negative, but are also my oldest. We are in the process of working towards a home purchase. Should expect a huge drop due to age, an increase due to losing negative accounts or a wash? Thanks in advance!

FlaDude · ‎02-01-2021

To clarify, do you have derogs dropping off after 7 years, or accounts dropping off completely after 10? If the former, the acounts will probably still continue to report age for three more years.

Scores: March 21 FICO 8: EX 810, TU 808, EQ 813
AoOA: closed: 36 years, open: 25 years; AAoA: 11.8 years
Amex Gold, Amex Green, Amex Blue, Amex ED, Amex Delta Gold, Amex Hilton Surpass, BoA Platinum Plus, Chase Freedom Unlimited, Chase Amazon, Chase CSP, Chase United Explorer, Citi AA Plat, Sync Lowes, Sync JC Penney - total CL 145k
Loans: Chase car loan (35k/6yrs 0.9%)

Anonymous · ‎02-01-2021

Accounts dropping off completely. I'm down to them only being on Experian. They just fell off Transunion and I got a small bump. I appreciate your reply!