What Is The Average Credit Score By Age – Tips To Find The Best Company

Age of Accounts makes up just 15% of a credit score, but is vital to establishing a credit history. #AgeOfAccounts

This video shows the 3 key factors most credit models analyze when looking at Age of Accounts:

1. How long each account has been open?
2. How long specific account “types” have been open?
3. Length of time since those accounts have been used.

There’s a lot of overlapping factors that come into play when talking Age of Accounts, like Credit Utilization Ratio and New Credit factors. The Account Mix factor can also be impacted if the recently opened/closed account was the only revolving or installment account in the Consumer’s credit history. These additional, overlapping factors are also discussed. #CreditScoreFactors

I even go over the best way to cheat at building a lengthy credit history, without waiting decades via the Authorized User method, aka Piggybacking. #CreditScoreHack

Screaming Lincolns YOUTUBE VIDEO covering Authorized User method, aka Piggybacking here:

8:00 Math Police Alert! The green “30%” value shown in the far right column should actually be “20%” – sad face for Cap on that one 🙁

Let me know in the Comments where you are in your credit journey and your experience with Age of Accounts!

JUST THE DATA. Use this data to your benefit. Watch again or watch other Screaming Lincolns videos to build your own understanding of credit.

You won’t find annoying, lengthy intros for Calls-To-Action for Likes, Bell Notifications, Subscribe, or Sales Pitches in any Screaming Lincolns video, just the data. Your time is too important. Too much time is wasted in YouTube videos with Creators’ lengthy intros telling Viewers to Like/Sub/Sign-up for this&that blah blah.

Please break my conchae with your fist if I ever request you, the Viewer, to “Hit that Like Button” or “Tap that Bell Notification” in any Screaming Lincolns video.

Please share this video with someone who could benefit from it. The credit game is best played in multi-player mode, as multiple signup bonuses can be scored with the right strategy. Referrals are always nice for yourself! You’ll go further in your credit journey with an accountability partner, too.

Got a question? Don’t be shy! Hit me up in the Comments anytime!

What are you waiting for???


DISCLAIMER: I have NO affiliation or agreement with any of the other Lenders or Entities discussed in this video.

DISCLAIMER: This video is for informational purposes only. Consult a licensed finance professional or credit specialist as needed.

DISCLAIMER: All information presented here has not been reviewed or approved by any of the Lenders discussed in this video.

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