Random but possibly interesting DP regarding aging

[NYC_Fella]

As far as I know, the aging of specific accounts resets on the first of every month. If you open an account on the 30th of the month, on the 1st of the next month it's considered 1 month old. Or so I've always thought.

However, the age of inquiries seems to go by exact dates. My Experian score went down by 3 points because of a new inquiry last week (as expected), but an old inquiry dropped off yesterday and I regained the 3 points (which I didn't think would happen before June 1).

Apologies if this is old news.

[SouthJamaica]

---

@NYC_Fella wrote:

As far as I know, the aging of specific accounts resets on the first of every month. If you open an account on the 30th of the month, on the 1st of the next month it's considered 1 month old. Or so I've always thought.

However, the age of inquiries seems to go by exact dates. My Experian score went down by 3 points because of a new inquiry last week (as expected), but an old inquiry dropped off yesterday and I regained the 3 points (which I didn't think would happen before June 1).

Apologies if this is old news.

---

Yes it's "old news" but it's always good to have more confirmation

[brandon698sherrick]

---

@NYC_Fella wrote:

As far as I know, the aging of specific accounts resets on the first of every month. If you open an account on the 30th of the month, on the 1st of the next month it's considered 1 month old. Or so I've always thought.

However, the age of inquiries seems to go by exact dates. My Experian score went down by 3 points because of a new inquiry last week (as expected), but an old inquiry dropped off yesterday and I regained the 3 points (which I didn't think would happen before June 1).

Apologies if this is old news.

---

It sounds like you've observed some interesting nuances in how credit scoring handles account age and inquiries. 

Typically, credit accounts may round up to the next month for aging purposes. For instance, an account opened on the 30th would often be considered a month old on the 1st of the next month.

Credit inquiries, on the other hand, are generally recorded based on the exact date they occur. This means that as inquiries age past certain thresholds (like one year), they may stop affecting your credit score.

Your experience with an old inquiry dropping off and your score recovering points illustrates how these details can impact your credit score in real time. It's always good to stay aware of these dynamics, especially if you're actively managing your credit profile.