Sentences with «average age of one's credit accounts»
Your credit score is determined largely by your history of making payments on time, how long you've had access to credit, and the average age of your credit accounts. (investmentzen.com)
Other factors include the average age of your credit accounts (the older the better) and whether you are actively seeking new credit, which will show up as hard inquiries and can affect your score, particularly if they happen in groups. (ifsautoloans.com)
The longer people keep a card — and longer is better because the average age of credit accounts is factored into the FICO credit scoring model — the more they'll need to spend on travel to justify a travel rewards credit card. (nerdwallet.com)