Hi All, this is my first post here so forgive me if it's in the wrong place.
I've been trying to be more diligent about keeping an eye on my credit reports for the last year or so, and I've seen a modest increase in my score. However, I decided, at 30, to go back to college in the spring last year, and my student loans are killing me. Not the amounts - the fact that there are now TEN of them!
Previously, I had ONE credit card (currently at 37 months), ONE auto loan (31 months old), and ONE personal loan (32 months old). It wasn't a great AAoA, but I was getting divorced and starting over and was doing well with them. I still have 100% on time payment history. However, now I have a boatload of student loan accounts added, and a lot of them are for very small amounts (4/10 are for less than $600 each).
Its got my AAoA down to 11 months. This is not something I want to be dealing with if I'm hoping to maybe purchase a house in the next 2-3 years, especially since this won't be the last of them - I'm still in school for at least another year, and likely further because I'm planning to move directly into a grad program. Is there any way to keep going to school (on financial aid) without this holding back my score improvement?
Also - is this even something I really need to stress about? I'm paying my bills on time, I'm bringing down my utilization... I'm just worried about shooting myself in the foot with all these accounts showing up. :-/
Starting Scores (CK) - 5 May 2018
TU - 565
EQ - 565
EQ FICO 9 (NFCU) - 541
Current Scores (CK) - 10 Mar 2019
TU - 626
EQ - 620
EQ FICO 9 (NFCU) - 612