AAOA Questions

[Anonymous]

How does closing an account impact your AAoA?

If I open an account for 4 months then closed it would my AAoA return to what it was before I opened the account? Trying to see what opening an account for 4-5 months would do...

[RonM21]

I don't think it would. Once the account is opened, it factors in to the average. When it is closed, it still factors in for 10 years until it falls off.

[Anonymous]

It'd stay on your reports for another 10 years if closed in good standing.

[CatOfSpades]

Yes, your AAoA would not increase from closing the card. It would stay the same. 

[Anonymous]

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@Anonymous wrote:
How does closing an account impact your AAoA?

If I open an account for 4 months then closed it would my AAoA return to what it was before I opened the account? Trying to see what opening an account for 4-5 months would do...

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No, it won't return to what it was before the account was opened.  It does not work that way.  Secondly, don't do things like that with your credit profile [ trying to see /testing] as it can be risky.  You could have gotten an answer by simply asking the question as you did instead of "testing it out with your credit profile".

[Anonymous]

The above posts are correct, closing an account has no impact on your AAoA under FICO scoring.

YIM, the OP didn't state that he was "testing it out with his credit profile" as you mentioned.  I think you took his post too literally; I didn't get the impression that his actual plan was to open an account for 4-5 months and close it... he was just wondering what would happen to his AAoA if he did.

[Anonymous]

Brutal is correct.

[Anonymous]

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@Anonymous wrote:

The above posts are correct, closing an account has no impact on your AAoA under FICO scoring.

YIM, the OP didn't state that he was "testing it out with his credit profile" as you mentioned.  I think you took his post too literally; I didn't get the impression that his actual plan was to open an account for 4-5 months and close it... he was just wondering what would happen to his AAoA if he did.

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@Got it. I misread it then.  Thanks for the clarification @Anonymous.