cancel
Showing results for 
Search instead for 
Did you mean: 

AAoA thresholds? UPDATE 5/2/19

tag
gorgon
Established Contributor

AAoA thresholds? UPDATE 5/2/19

My AAoA is sitting at 5 yrs 11mo right now. Will I see any kind of score increase next month when it hits 6 years? (all other factors ignored)

79 REPLIES 79
Anonymous
Not applicable

Re: AAoA thresholds?

Possibly you'll see something at 72 months, but if so it's nothing significant.  At 78 months a threshold exists for many, myself included, but again it's not significant at 4-5 points on average.

Message 2 of 80
Anonymous
Not applicable

Re: AAoA thresholds?

OP, i’m pretty sure I identified a two point threshold at 60 months. Depending on scorecard of course. It would be wonderful to have some confirmation testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/AAoA-DPs-on-clean-aged-thick-new-accts-C...

Do you know which scorecard you’re on? Is your file clean or dirty? What is the age of your oldest account, your youngest account and how many for accounts do you have open and closed?
Message 3 of 80
SouthJamaica
Mega Contributor

Re: AAoA thresholds?


@Anonymous wrote:
OP, i’m pretty sure I identified a two point threshold at 60 months. Depending on scorecard of course. It would be wonderful to have some confirmation testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/AAoA-DPs-on-clean-aged-thick-new-accts-C2-scorecard/m-p/5590622#M154686

Do you know which scorecard you’re on? Is your file clean or dirty? What is the age of your oldest account, your youngest account and how many for accounts do you have open and closed?

It's funny but there seems to be more 'threshold' action at the intervening 6-month periods than the whole integer year marks. E.g., I'm pretty sure I located one at 3 years 6 months,  and @Anonymous has identified 6 years 6 months.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 701 TU 704 EX 685

Message 4 of 80
Anonymous
Not applicable

Re: AAoA thresholds?

Nice to see Birdman mention scorecards.  It's helpful to remember that FICO 8 has 12 different scorecards, and the different scorecards could have different breakpoints for AAoA.  In fact, I'd suggest that it is more likely than not that the AAoA breakpoints for a profoundly dirty scorecard are different from a scorecard that is clean (but extremely thin) and again from a clean profile that has several accounts and an Age of Oldest of 4 years.  I don't know of course, but my guess is that has at least a 50-50 chance of being true.

 

And that is just FICO 8!  There are other FICO models entirely -- e.g. FICO 9 and the much older mortgage models.  These could have yet different AAoA breakpoints.

 

It's also possible that FICO looks at AAoA in tandem with AoOA, in addition to considering them separately.  We know that some (non-FICO) models do this, because they are a bit more transparent and precise in supplying the public with a detailed list of all reason codes in the model.  In terms of AAoA vs. AoOA they look at both, and if there is a huge difference, then that constitutes an additional reason for a scoring penalty.  (Example: a person with an AoOA of 21 years and an AAoA of 1.8  years.)  If FICO does this it would get subsumed under the general broad negative reason statement about "age of accounts" -- a vague statement that often involves guesswork as to what in the profile is causing it.

 

 

 

Message 5 of 80
Anonymous
Not applicable

Re: AAoA thresholds?

@SJ, I have confirmed a threshold between 72-78 months, supporting BBS's find. But it seems I also found a 2 point at 60 and a 3 point at 66 months. Maybe there are several at 6 month intervals? Would make sense since they are small.

@CGID Yes, I've learned a great deal from TT about scorecards and I agree with your speculation that the breakpoints may vary by scorecard and algorithm. Yes, I remember learning from you about CBIS models penalizing you when there is too much time between AooA and AAoA. Are there other models you are aware of that also do this?
Message 6 of 80
Anonymous
Not applicable

Re: AAoA thresholds?

Vantage may do so as well.  It's been a while since I have looked through all its reason codes.

Message 7 of 80
Anonymous
Not applicable

Re: AAoA thresholds?

Where can one access those?
Message 8 of 80
Revelate
Moderator Emeritus

Re: AAoA thresholds?


@Anonymous wrote:
Where can one access those?

I've only seen Vantage reason codes in Alliant's interface.  Like CGID I haven't looked at those in a while.

 

Can play around at https://www.reasoncode.org/ but for my file:

 

I am not quite sure that these were all Transunion, that December one looks weird but it's when I had my HELOC maxxed out.  TU has a 60D late from April 2018.  Actually just looking at those reason codes has me SMH... some of those are splitting way too many hairs but Vantage is a weird duck compared to FICO for a number of reasons, I can't explain that 800 either so soon after the 60D and at 780 now, but w/e.

 

780
March 2019
1. You have too many delinquent or derogatory accounts
2. The worst payment status on your accounts is delinquent or derogatory
3. Lack of sufficient credit history on bankcard or revolving accounts
4. Open real estate acct balances are too high compared to their loan amts
734
December 2018

1. Total of all balances on bankcard or revolving accounts is too high
2. The date that you opened your oldest account is too recent
3. Open real estate acct balances are too high compared to their loan amts
4. The total of all balances on your open accounts is too high
742
September 2018

1. You have too many delinquent or derogatory accounts
2. Lack of sufficient credit history on bankcard or revolving accounts
3. The worst payment status on your accounts is delinquent or derogatory
4. Too many of the delinquencies on your accounts are recent
806
June 2018

1. Newest delinquent/derogatory payment status on your accts is too recent
2. The date that you opened your oldest account is too recent
3. Total of all balances on bankcard or revolving accounts is too high
4. The balances on your accounts are too high compared to loan amounts



        
Message 9 of 80
Anonymous
Not applicable

Re: AAoA thresholds?


@Anonymous wrote:
Where can one access those?

Here's a list of all the Vantage Score 3.0 reason codes I could find, in a nice HTML table rather than a PDF.

 

Taken from: https://www.reasoncode.org/allcodes Also has VS4 reason codes now.

 

--Code---

Vantage Score 3.0 Reason Code / Text Table

4

The balances on your accounts are too high compared to loan amounts

5

Too many of the delinquencies on your accounts are recent

6

You have too many accounts that were opened recently

7

You have too many delinquent or derogatory accounts

8

You have either too few loans or too many loans with recent delinquencies

9

The worst payment status on your accounts is delinquent or derogatory

10

You have either very few loans or too many loans with delinquencies

11

The total of your delinquent or derogatory account balances is too high

12

The date that you opened your oldest account is too recent

13

Your most recently opened account is too new

14

Lack of sufficient credit history

15

Newest delinquent/derogatory payment status on your accts is too recent

16

The total of all balances on your open accounts is too high

17

Balance on previously delinquent accts are too high compared to loan amts

18

Total of balances on accts never late is too high compared to loan amts

21

No open accounts in your credit file

22

No recently reported account information

23

Lack of sufficient relevant account information

29

Too many of your open bankcard or revolving accounts have a balance

30

Too few of your bankcard or other revolving accounts have high limits

31

Too many bankcard or other revolving accounts were opened recently

32

Balances on bankcard/revolving accts too high compared to credit limits

33

Your worst bankcard or revolving account status is delinquent/derogatory

34

Total of all balances on bankcard or revolving accounts is too high

35

Your highest bankcard or revolving account balance is too high

36

Your largest credit limit on open bankcard or revolving accts is too low

39

Available credit on your open bankcard or revolving accounts is too low

40

The date you opened your oldest bankcard or revolving acct is too recent

42

The date you opened your newest bankcard or revolving acct is too recent

43

Lack of sufficient credit history on bankcard or revolving accounts

44

Too many bankcard or revolving accounts with delinquent/derogatory status

45

Total balances too high on delinquent/derogatory bankcard/revolving accts

47

No open bankcard or revolving accounts in your credit file

48

No bankcard or revolving recently reported account information

49

Lack of sufficient relevant bankcard or revolving account information

53

The worst status on your real estate accounts is delinquent or derogatory

54

The amt of balance paid down on your open real estate accounts is too low

55

Open real estate acct balances are too high compared to their loan amts

57

Too many real estate accts with delinquent or derogatory payment status

58

The total of all balances on your open real estate accounts is too high

61

No open real estate accounts in your credit file

62

No recently reported real estate account information

63

Lack of sufficient relevant real estate account information

64

No open first mortgage accounts in your credit file

65

Lack of sufficient relevant first mortgage account information

66

Your open auto account balances are too high compared to their loan amts

68

No open auto accounts in your credit file

69

Lack of sufficient relevant auto account information

71

You have either very few installment loans or too many with delinquencies

72

Too many installment accts with a delinquent or derogatory payment status

73

The worst status on your installment accounts is delinquent or derogatory

74

The balance amount paid down on your open installment accounts is too low

75

The installment account that you opened most recently is too new

76

You have insufficient credit history on installment loans

77

The balances on your accounts are too high compared to loan amounts

78

Balances on installment accts are too high compared to their loan amounts

79

Too many of the delinquencies on your installment accounts are recent

81

No open installment accounts in your credit file

83

Lack of sufficient relevant installment account information

84

The number of inquiries was also a factor, but effect was not significant

85

You have too many inquiries on your credit report.

86

Your credit report contains too many derogatory public records

87

Your credit report contains too many unsatisfied public records

88

One or more derogatory public records in your credit file is too recent

90

Too few discharged bankruptcies

93

The worst status on your student loan accts is delinquent or derogatory

94

The balance amount paid down on your open student loan accts is too low

95

You have too many collection agency accounts that are unpaid

96

The total you owe on collection agency accounts is high

97

You have too few credit accounts

98

There is a bankruptcy on your credit report

 

Exclusion Scores

0001

File/trade indicating consumer is deceased

0004

No information on credit report (other than maybe inquiries)

9000

System Exclusion

Message 10 of 80
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.