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Fico account aging

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Anonymous
Not applicable

Fico account aging

Is the age measured by month or the exact date from opening? Say I opened an account on 7/15 does it measure 1 month on 8/15? Or after the first full bill cycle then each cycle after?
2 REPLIES 2
JLK93
Established Contributor

Re: Fico account aging


@Anonymous wrote:
Is the age measured by month or the exact date from opening? Say I opened an account on 7/15 does it measure 1 month on 8/15? Or after the first full bill cycle then each cycle after?

For what purpose? Without knowing what information you are looking for it is difficult to respond.

 

Aging of accounts is generally measured from the first of the month. So, if an account is opened on 7/15, for FICO scoring purposes it would generally count as opened on 7/1. 

 

Inquiries age according to the actual date of the inquiry.

 

Hope this helps. Feel free to provide more information if you would like. 

Message 2 of 3
Anonymous
Not applicable

Re: Fico account aging

Thank you Oilcan!
I was trying to figure it for more or less general information, but didnt see previous threads about this.
Message 3 of 3
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