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## AAOA?

Auto Loans for ANY Credit Situation. Immediate Response.
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Moderator Emeritus

## Re: AAOA?

@dansamy wrote:

@myjourney wrote:

No effect at all other than UTL if needed

Try the calculator and experiment AAOA

http://seemly.com/aaoa-calculator/

Well dang! That only goes to 20 accounts...

Hah, if you're OK with Excel it's not too hard.  Worst case I can send you my dirt simple spreadsheet that has the formula I use for calculating it anyway, ain't pretty but works.

Formula I use is:

=(YEAR(NOW())-YEAR(B2))*12+MONTH(NOW())-MONTH(B2)

Where B2 is date of opening (first day of month is fine, pretty irrelevant for this so 5/1/08 for my old BOFA card).  After that just sum up and divide by number of tradelines and round down again for prettiness.  Might round the wrong way but really no way to prove yes/no on that, appeared to work for me when I was oscillating above and below the 2 year AAOA boundary where I saw a very small change in scores in my testing so it's good enough for me anyway.

Message 11 of 16
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Moderator

## Re: AAOA?

@Revelate wrote:

@dansamy wrote:

@myjourney wrote:

No effect at all other than UTL if needed

Try the calculator and experiment AAOA

http://seemly.com/aaoa-calculator/

Well dang! That only goes to 20 accounts...

Hah, if you're OK with Excel it's not too hard.  Worst case I can send you my dirt simple spreadsheet that has the formula I use for calculating it anyway, ain't pretty but works.

Formula I use is:

=(YEAR(NOW())-YEAR(B2))*12+MONTH(NOW())-MONTH(B2)

Where B2 is date of opening (first day of month is fine, pretty irrelevant for this so 5/1/08 for my old BOFA card).  After that just sum up and divide by number of tradelines and round down again for prettiness.  Might round the wrong way but really no way to prove yes/no on that, appeared to work for me when I was oscillating above and below the 2 year AAOA boundary where I saw a very small change in scores in my testing so it's good enough for me anyway.

Here's another calculator that allows for more than 20 accounts.  Pretty easy to use

http://aaoacalculator.tumblr.com/

Message 12 of 16
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Senior Contributor

## Re: AAOA?

@Irish80 wrote:

@Revelate wrote:

@dansamy wrote:

@myjourney wrote:

No effect at all other than UTL if needed

Try the calculator and experiment AAOA

http://seemly.com/aaoa-calculator/

Well dang! That only goes to 20 accounts...

Hah, if you're OK with Excel it's not too hard.  Worst case I can send you my dirt simple spreadsheet that has the formula I use for calculating it anyway, ain't pretty but works.

Formula I use is:

=(YEAR(NOW())-YEAR(B2))*12+MONTH(NOW())-MONTH(B2)

Where B2 is date of opening (first day of month is fine, pretty irrelevant for this so 5/1/08 for my old BOFA card).  After that just sum up and divide by number of tradelines and round down again for prettiness.  Might round the wrong way but really no way to prove yes/no on that, appeared to work for me when I was oscillating above and below the 2 year AAOA boundary where I saw a very small change in scores in my testing so it's good enough for me anyway.

Here's another calculator that allows for more than 20 accounts.  Pretty easy to use

http://aaoacalculator.tumblr.com/

Plus, unlike the first one, you can plug in accounts from 2015.

Message 13 of 16
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Contributor

## Re: AAOA?

@anon123 wrote:

@selena wrote:

Thanks for the responses. I see it won't have an immediate affect. I just applied for the BCE to replace the ED (talked to quite a few reps about a product change but all of them said I had offers for other cards but it wasn't possible and that the only card I could product change to is the EDP). My oldest cards are the Freedom and Discover It, so I think I'm just gonna close the IT. It's the card I use the least plus the BCE I was approved for has a higher cl even with all the Discover love.

Why not just leave it open until Amex closes it themselves? If I could have a 3 year old account with no AF I'd take it. And that wouldn't even be my oldest card. haha What's the CLI compared to the other cards?

Discover is 4k (after all the love, was 1700), my highest being my Citi TYPremier with 10k. The other four fall in between those two each around 5k or 6k.

As of March 2016:
Equifax 735
TransUnion 702
Experian 731
Message 14 of 16
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Contributor

## Re: AAOA?

Also these calculators are pretty neat.

As of March 2016:
Equifax 735
TransUnion 702
Experian 731
Message 15 of 16
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Frequent Contributor

## Re: AAOA?

@Irish80 wrote:

@Revelate wrote:

@dansamy wrote:

@myjourney wrote:

No effect at all other than UTL if needed

Try the calculator and experiment AAOA

http://seemly.com/aaoa-calculator/

Well dang! That only goes to 20 accounts...

Hah, if you're OK with Excel it's not too hard.  Worst case I can send you my dirt simple spreadsheet that has the formula I use for calculating it anyway, ain't pretty but works.

Formula I use is:

=(YEAR(NOW())-YEAR(B2))*12+MONTH(NOW())-MONTH(B2)

Where B2 is date of opening (first day of month is fine, pretty irrelevant for this so 5/1/08 for my old BOFA card).  After that just sum up and divide by number of tradelines and round down again for prettiness.  Might round the wrong way but really no way to prove yes/no on that, appeared to work for me when I was oscillating above and below the 2 year AAOA boundary where I saw a very small change in scores in my testing so it's good enough for me anyway.

Here's another calculator that allows for more than 20 accounts.  Pretty easy to use

http://aaoacalculator.tumblr.com/

That one is PERFECT! Thank you!

My AAoA will be 4.28 or 4.43 years after all my new accounts report. Then it will fall a little again when I have a closed account that will hit 10 years next year and fall off. After that, it will begin going up again. Not as bad as I was expecting. I was expecting a huge hit because I just applied for and got approved for several new accounts.

Message 16 of 16
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