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So i check my Discover Fico score when it updates and it usually gives me the same reasons of which one of those reaons of my score hurting will probably always be there. The reason that will probably stay is: Length of accounts. Meaning my AAOA is low, currently its just below the 2 yr mark due to new student loans. SO what is considered a good AAOA, i usually consider 2 yrs good but according to Discover that is not good enough >.< My guess 10 years would be more than excellent.
Length of credt history category consists of your oldest TL and average of all. I think I use to get the same reason until after my oldest TL was 8 years. I too get score reason like length of bankcard or revolving accounts, probably bcoz couple of my accounts have not reached 1 year mark. Next month I will be hitting 5 years of AaoA , hope to see a score bump![]()
| FICO08 12/2014 | EQ 777 | TU 799 | EX 767 |
5 years AAoA is good IMHO
Here's a calculator too should you ever need it.
Useful tool
http://seemly.com/aaoa-calculator/