@bigtim wrote:
@haulingthescoreup wrote:
@TheR105 wrote:
That makes since to me now. Yes, I got this info from fico. Can you tell me how to calculate my aaoa?Oh, boy!!!
* pulls up socks *
OK. Get a piece of paper. (Back of an envelope won't work unless you only have a few accounts. You need room to scribble.)
Write down EVERY tradeline (credit account) on your report, whether open or closed, revolving, installment, mortgage, whatever. If it's listed, count it. (One report at a time, please.) Don't count liens and whatnot.
Can you elaborate a bit on the "whatnot"? I take it you mean don't count the Public Records? How about Collections? Or do you only count items listed as "Accounts". Thanks Hauling.
Ah, you caught me. 
I was a little fuzzy on that, too, so I did some checking.
Yes, all you count are tradelines, aka "Accounts." That's because you didn't open a collection, or a lien, or a whatnot for that matter. When it comes to age, it's just looking at tradelines, credit accounts that you opened. (Or that someone else opened, and now it's on your reports.)
Every once in a blue moon, a collection is also listed in the Accounts section. Those are a bit of a mystery as to whether they get included in calculating AAoA. There is an underlying code that doesn't show up on our reports that affects whether it's counted or not. In the few cases that this happens, I'd say run it both ways and see what comes up. If your screen 2 happens to show your AAoA somewhere, you can see which one matches.
The formula worked Hauling... 
Note: The use of a spreadsheet makes this otherwise cumbersome task relatively easy... And, you can manipulate the numbers to determine what your AAoA will be if you add an account, lose an account, etc. Thanks.
