Sentences with phrase «average age of all of one's accounts»
Your credit history includes the age of your oldest account, the age of your newest account, and the average age of all of your accounts.
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So, while open accounts continue to age indefinitely, a closed account will fall off your credit report after seven to ten years, and that could cause the average age of all of your accounts to go down.
A smaller part of your score is based on the average age of all of your accounts.
Length of credit history (15 %): This considers such time - related factors as the age of your oldest credit account, the ages of your individual accounts, and the average age of all of your accounts.
Some of the factors that are considered in this calculation include, the age of your newest and oldest accounts, the average age of all of your accounts, the length of time that different types of credit accounts have been established and the length of time it's been since those different types of credit accounts have been used.
Your credit history includes the age of your oldest account, the age of your newest account, and the average age of all of your accounts.
The average, similarly, will give you the average age of all of your accounts, and thus the average age of your overall credit profile.
Don't close old accounts, because part of your score depends on the average age of all of your accounts.
The score considers the age of your oldest account and the average age of all of your accounts.
A smaller part of your score is based on the average age of all of your accounts.
Your FICO ® score takes into account how long your credit accounts have been established, including the age of your oldest and newest accounts and an average age of all of your accounts, how long specific types of credit accounts have been established and how long it has been since you used certain accounts.