Скачать или смотреть How Is Average Age of Credit Accounts Calculated?

Ever wondered how the 'average age of your credit accounts' is actually calculated and what it means for your financial standing? Understanding this key component of your credit score is crucial for building and maintaining excellent credit. This video breaks down the intricacies, revealing why this metric matters more than you might think.

In this video, you'll discover:
► The precise formula used to calculate the average age of your credit accounts.
► How opening new credit lines can impact this average and your credit score.
► Strategies for managing your credit history to optimize your average age of accounts.
► The overall importance of account age as a factor in your FICO and VantageScore.


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