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Need 5 points to reach 800 on equifax

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Anonymous
Not applicable

Need 5 points to reach 800 on equifax

Two of my five credit cards were open in December of last year. Will I see a score boost once the two cards age to six months, boosting my score to 800 from 795?  

Message 1 of 8
7 REPLIES 7
AllZero
Mega Contributor

Re: Need 5 points to reach 800 on equifax


@Anonymous wrote:

Two of my five credit cards were open in December of last year. Will I see a score boost once the two cards age to six months, boosting my score to 800 from 795?  


Depending on profile, there is a possibility when your AoYRA Age of Youngest Revolving Account reaches 6 month there could be a score increase. There definitely is one at 12 months ~15-20 points.

Message 2 of 8
Anonymous
Not applicable

Re: Need 5 points to reach 800 on equifax

On a clean file, the age of youngest revolving account reaching 12 months gives a 15-20 points?

 

Thanks a lot.

 

I'm in the garden until the end of the year.

 

Correction: youngest revolving account reaching 12 months; not average age of revolving accounts reaching 12 months.

Message 3 of 8
SweetCreditObsession
Valued Contributor

Re: Need 5 points to reach 800 on equifax

Congratulations on the high score!



(+102) | (+106) | (+151)
| TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: TBA

Initial Goal: Min. 740 w/all CRAs - Met
Interim Goal: 780 w/all CRAs - Met
Current Goal(s): Min. 800 w/all CRAs
Gardening Until: ??/??/202?| Last App: 10/20/2023





Message 4 of 8
AllZero
Mega Contributor

Re: Need 5 points to reach 800 on equifax


@Anonymous wrote:

On a clean file, the average age of revolving accounts reaching 12 months gives a 15-20 points?

 

Thanks a lot.

 

I'm in the garden until the end of the year.


You're welcome. It's actually the Age of Youngest Revolving Account.

 

Plus, any hard pull inquiry penalty points you received at time of application will be recovered in 365 days from date of pull. So possibly more points to look forward to overall depending on the bureau.

Message 5 of 8
Revelate
Moderator Emeritus

Re: Need 5 points to reach 800 on equifax

Yeah my recent datapoint was +24 though there was some weirdness around that as the next account that reported didn't ding me quite that much but still north of 20 so I'm pretty confident in 20ish for mature clean profiles near 800 already.  I was just slightly above that.




        
Message 6 of 8
Remedios
Credit Mentor

Re: Need 5 points to reach 800 on equifax

The only time I went without new apps for a year, I got 27

I was like this ff187dfc50886ef53a1a5c6a560e2329.jpg

 

 

 

Message 7 of 8
dynamicvb
Valued Contributor

Re: Need 5 points to reach 800 on equifax

I wish I could give you an answer as I have almost the same issue. My youngest just crossed a year at the beginning of this month and I gained about 10 points on all mine( I say about as I did not have a current score across all three for Feb.). I'm just after my 3 points on TU and the 6 on EX to push all mine across 800. I'm thinking now its just time that will get me there.

Started Rebuild 4/2018: EX 616| TU 604| EQ 621

Current 5/28/20:


First Goal Score: 750+ Reached 3/2019

Next Goal all over 800
Message 8 of 8
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