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Comptonburger

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Credit simulator new card AoA decrease
Was looking at the credit score simulator and tried adding a new card. It said my score would go up because of the number of accounts and possible utilization decrease, but it didn't say anything about a change in my average age of account.

My average age of account is only 10 months with 2 accounts, so opening another would bring it down to about 7 months.

Does the credit simulator take that into account?

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I would not base credit building decisions on any non-fico score simulator. Watch your FICO scores, they are the ones that most lenders will use. While damage does come from "Hard Inquiries" and the lowering of "average age of accounts" you must ignore that during your credit building journey, you need accounts to build credit, so the harm that comes with that is a necessary evil. Keep in mind though that most people experience nice score jumps with FICO on the opening of their first two credit cards.

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