Originally Posted by
whoknew89
On one side sites like credit karma show the average age of open accounts. While I'm getting conflicting information elsewhere that suggests the average age of accounts is the average age for all open and closed accounts.
Anyone have a explanation?
AAoA (what FICO uses) includes both open and closed accounts on the report. CK is actually calculating AAoOA.
Originally Posted by
whoknew89
I've been monitoring my score and seeing it go back into the low 800's and I'm a bit confused on how average age of accounts is calculated.
What score are you monitoring? Keep in mind that for any given model you have a score with each CRA.