Breaking Down Credit History

Photo by Towfiqu barbhuiya on Unsplash
  • Simply taking the oldest age out of all of your open accounts
  • Taking the average age out of all of your open accounts
Shown here as “depth of credit”
Credit Karma uses the average account age
Chase uses the oldest account age

Jumpstarting Your History

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Ethan Tang

Ethan Tang

Personal finance nerd. Breaking down tough topics into bite-sized pieces. || Support my writing here: https://seedingwealth.medium.com/membership

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