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Does closing newer account raise AAoA?

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SouthJamaica
Mega Contributor

Does closing newer account raise AAoA?

Does closing a recently opened credit card account raise the average age of accounts factor in FICO scoring?


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




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Thomas_Thumb
Senior Contributor

Re: Does closing newer account raise AAoA?

Both open and closed accounts are used in calculating Fico AAoA. The only way I know of to get closed accounts to not count toward AAoA is to have them removed from the CRA credit reports.

 

P.S. As I recall, Credit Karma computes AAoA based only on open accounts and this can result in confusion.

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
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