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Question By
kmbirkel

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I am 25 years old. I have excellent credit, but a D grade on "Average Age of Open Credit Lines"!
My oldest tradeline is 5 years 6 months and my average age of open credit lines is 2 years 5 months. Am I pretty much doomed to have a D rating or something similar for years because of my age? How old does your average age of open credit lines have to be to be considered good? Thanks!

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Did you get a new card recently?

Im only guessing that you have a total of 2 credit cards...? If your oldest line is 5.5 years and your avg is 2.5, you must have opened a new credit card account recently. This would drop your avg open lines by half automatically.

If I am correct, it will take awhile to get up there. ...that is, If I am correct on this whole assumption here...

Reply by
kmbirkel

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Not really, my most recently opened one was about one year ago. I have 6 cards and one "revolving account" (a 12-month interest free plan for a furniture purchase opened within one of the 6 cards). I've been living on my own and handling my own finances for a while.

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