It admittedly is hard and actually perhaps impossible to say (currently) for some file that isn’t an 850 what it will take to get there. My score flatlines and I know concretely basically every change that happens why the score moves with the exception of some aging data that we are still in process of figuring out.
That said, I suspect we have no precise idea of minimums for an 850 either as we don’t know the aging metrics basically at all with concrete datapoints for scorecard assignment and I know almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file either.
But taking my own example on why it might be shorter than expected: I had an Experian FICO 8 of 827 at an AOOA under 11 years, new accounts a few months old, multiple inquiries (like 3 some penalty) and an AAOA of less than 5 years, which incidentally was a breakpoint. Looked back I actually hit that in January of this year.
I opened up two more accounts with more inquiries so took the hit there but I am curious what I am going to see in a year cause I know historically my loan utilization testing got me 20+ points and that was with a tax lien even, and if the current datapoints are right and there’s a bunch of AAOA breakpoints for some reason at six month increments coming up, that’s points too... and then I have a CFA coming off in like 2 years too. On the flip side my current oldest account drops there too and I lose 3ish years on that one before I got a new account setup in 10/2011
We’ll see but unless there is a scorecard “cap” it sure looks like I might be leaving 23 points on the table TBH.
That said, I suspect we have no precise idea of minimums for an 850 either as we don’t know the aging metrics basically at all with concrete datapoints for scorecard assignment and I know almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file either.
But taking my own example on why it might be shorter than expected: I had an Experian FICO 8 of 827 at an AOOA under 11 years, new accounts a few months old, multiple inquiries (like 3 some penalty) and an AAOA of less than 5 years, which incidentally was a breakpoint. Looked back I actually hit that in January of this year.
I opened up two more accounts with more inquiries so took the hit there but I am curious what I am going to see in a year cause I know historically my loan utilization testing got me 20+ points and that was with a tax lien even, and if the current datapoints are right and there’s a bunch of AAOA breakpoints for some reason at six month increments coming up, that’s points too... and then I have a CFA coming off in like 2 years too. On the flip side my current oldest account drops there too and I lose 3ish years on that one before I got a new account setup in 10/2011
We’ll see but unless there is a scorecard “cap” it sure looks like I might be leaving 23 points on the table TBH.
@Anonymous wrote:Very interesting topic. I'll be following to see how it all pans out.
I'm not that interested. For this reason: my age of oldest account is the one thing I can't really do anything about. It is what it is. I can't make it older. The only thing I could do is make it younger, by closing the account, and then holding my breath for 10 years to see what happens when it falls off of my reports and my next oldest account becomes my oldest. But why would I ever do that?
I much prefer subjects that give me something to shoot for 
And as @Revelate points out we'll probably never know the answer as to where the breakpoint is anyway, since "almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file"
@SouthJamaica wrote:
@Anonymous wrote:Very interesting topic. I'll be following to see how it all pans out.
I'm not that interested. For this reason: my age of oldest account is the one thing I can't really do anything about. It is what it is. I can't make it older. The only thing I could do is make it younger, by closing the account, and then holding my breath for 10 years to see what happens when it falls off of my reports and my next oldest account becomes my oldest. But why would I ever do that?
I much prefer subjects that give me something to shoot for
And as @Revelate points out we'll probably never know the answer as to where the breakpoint is anyway, since "almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file"
I don't think we'll ever get an answer either, but as someone who is just starting to build credit at the ripe old age of 43 (my current AoOA is a whopping 10m), I am curious. I'd volunteer as tribute, but I'm not sure if the boards will be around by the time it matters (though I do have an AU, which I could conceivably play with by dropping, at least). Of course, I'm not doing everything I can to optimize - the only thing I do is keep my balances below 30% on any given card... except the AU card, of course.
@calyx wrote:
@SouthJamaica wrote:
@Anonymous wrote:Very interesting topic. I'll be following to see how it all pans out.
I'm not that interested. For this reason: my age of oldest account is the one thing I can't really do anything about. It is what it is. I can't make it older. The only thing I could do is make it younger, by closing the account, and then holding my breath for 10 years to see what happens when it falls off of my reports and my next oldest account becomes my oldest. But why would I ever do that?
I much prefer subjects that give me something to shoot for
And as @Revelate points out we'll probably never know the answer as to where the breakpoint is anyway, since "almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file"
I don't think we'll ever get an answer either, but as someone who is just starting to build credit at the ripe old age of 43 (my current AoOA is a whopping 10m), I am curious. I'd volunteer as tribute, but I'm not sure if the boards will be around by the time it matters (though I do have an AU, which I could conceivably play with by dropping, at least). Of course, I'm not doing everything I can to optimize - the only thing I do is keep my balances below 30% on any given card... except the AU card, of course.
Well, to paraphrase @Revelate and to please @Anonymous please immediately start "ruthlessly optimizing" so that in 10 years or so we can update this thread and say that a whipper snapper with a 10 year old Oldest Account has proved that it can be done at an early age
@SouthJamaica wrote:
@calyx wrote:
@SouthJamaica wrote:
@Anonymous wrote:Very interesting topic. I'll be following to see how it all pans out.
I'm not that interested. For this reason: my age of oldest account is the one thing I can't really do anything about. It is what it is. I can't make it older. The only thing I could do is make it younger, by closing the account, and then holding my breath for 10 years to see what happens when it falls off of my reports and my next oldest account becomes my oldest. But why would I ever do that?
I much prefer subjects that give me something to shoot for
And as @Revelate points out we'll probably never know the answer as to where the breakpoint is anyway, since "almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file"
I don't think we'll ever get an answer either, but as someone who is just starting to build credit at the ripe old age of 43 (my current AoOA is a whopping 10m), I am curious. I'd volunteer as tribute, but I'm not sure if the boards will be around by the time it matters (though I do have an AU, which I could conceivably play with by dropping, at least). Of course, I'm not doing everything I can to optimize - the only thing I do is keep my balances below 30% on any given card... except the AU card, of course.
Well, to paraphrase @Revelate and to please @Anonymous please immediately start "ruthlessly optimizing" so that in 10 years or so we can update this thread and say that a whipper snapper with a 10 year old Oldest Account has proved that it can be done at an early age
Time for that #AZEOLyfe
I will do my damnedest not to incur any charge offs or late penalties. I'll see you in ~10y 
@SouthJamaica wrote:
@Anonymous wrote:Very interesting topic. I'll be following to see how it all pans out.
I'm not that interested. For this reason: my age of oldest account is the one thing I can't really do anything about. It is what it is. I can't make it older. The only thing I could do is make it younger, by closing the account, and then holding my breath for 10 years to see what happens when it falls off of my reports and my next oldest account becomes my oldest. But why would I ever do that?
I much prefer subjects that give me something to shoot for
And as @Revelate points out we'll probably never know the answer as to where the breakpoint is anyway, since "almost everyone who has reported an 850 wasn’t ruthlessly optimizing their file"
Also, Fico 8 has not been around that long. I'd have to go back to 1994 to drop my AoOA to 10 years. That's before Fannie and Freddie endorsed Fico scores for mortgages. Back then Classic Fico scores of 850 were not possible.
