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AAOA

Hellcatredeye21
New Member

AAOA

Hello, I was just recently approved for a Chase saphire preferd and was wondering how much this new cards going to lower my credit age, below I will list all accounts open and closed with a date open currently it says my AAOA is 4 years 12 months and my oldest account is 6 years 7 months.

 

1. 6 years 7 months.

2. 5 years 12 months 

3. 4 years 11 months

4. 4 years 10 months.

5. 4 years 9 months 

6. 4 years 9 months 

7. 4 years 9 months.

8. 4 years 9 months ( closed )

9. 4 years 9 months ( closed )

10. 4 years 9 months ( closed )

11. 4 yers 9 months ( closed ) 

12.  4 years 9 months ( closed )

13. 3 years 5 months  

14. 3 years 3 months

15. Just opend this month/ not showing yet.

 

 

 

Message 1 of 4
3 REPLIES 3
Ficoproblems247
Valued Contributor

Re: AAOA

If my math is correct, that will take your AAoA from 4yr, 9mo to 4yr, 8mo. Shocking difference, I know. Smiley LOL It may vary by how whatever interface you're using rounds to which month, however with that many accounts having such a close age to each other you're going to experience almost no change. 


FICO 8 May '21: EX 751 EQ 746 TU 743
"Friends don't let friends earn 1% cash back."
Message 2 of 4
SouthJamaica
Super Contributor

Re: AAOA


@Hellcatredeye21 wrote:

Hello, I was just recently approved for a Chase saphire preferd and was wondering how much this new cards going to lower my credit age, below I will list all accounts open and closed with a date open currently it says my AAOA is 4 years 12 months and my oldest account is 6 years 7 months.

 

1. 6 years 7 months.

2. 5 years 12 months 

3. 4 years 11 months

4. 4 years 10 months.

5. 4 years 9 months 

6. 4 years 9 months 

7. 4 years 9 months.

8. 4 years 9 months ( closed )

9. 4 years 9 months ( closed )

10. 4 years 9 months ( closed )

11. 4 yers 9 months ( closed ) 

12.  4 years 9 months ( closed )

13. 3 years 5 months  

14. 3 years 3 months

15. Just opend this month/ not showing yet.

 

 

 


Just

 

1. translate each to # of months

2. add them up

3. divide by 14 that's your before number

4. divide by 15 that's your after number


Total revolving limits 653000 (575000 reporting) FICO 8: EQ 721 TU 747 EX 715

Message 3 of 4
OmarGB9
Community Leader
Super Contributor

Re: AAOA


@Ficoproblems247 wrote:

If my math is correct, that will take your AAoA from 4yr, 9mo to 4yr, 8mo. Shocking difference, I know. Smiley LOL It may vary by how whatever interface you're using rounds to which month, however with that many accounts having such a close age to each other you're going to experience almost no change. 


Actually, it would go from 4yrs, 9mo to 4yrs, ~5 months. So a 4 month difference.


Last App: 04/05/2021
Penfed Signature Loan

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 4 of 4
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