AAOA - how is it calculated?

[godschild]

What if you opened an account in 2010 and it was opened for one month? Is the age of that account 1 month or 7 years?

[mendelssohn]

7 years

[godschild]

So it's not about how long it was opened, it's how long ago it was opened. Hmmm

[mendelssohn]

Yes.

[FoxSamual]

There's a separate metric, AAOOA, Average Age of Open Accounts. Not sure how or if that's scored vs. AAOA.

[mendelssohn]

There's a separate metric, AAOOA, Average Age of Open Accounts. Not sure how or if that's scored vs. AAOA.

AAOOA counts, but very little compared to AAOA. Oldest account age is more important than either.

[FoxSamual]

Oldest account age is more important than either.

Hence why I cling to my stupid little gas card that survived my BK and was opened in 2006.

Edited August 22, 2017 by FoxSamual