I'm hoping someone can help me understand my FICO score.
On my recent Equifax report, it says there are three things hurting my FICO score:
1. "You have a public record and a serious delinquency on your credit report."
It goes off the books in 2 months.
2. "You have multiple accounts showing missed payments or derogatory descriptions."
On the helping your FICO score side: You've recently been paying your bills on time. Your most recent late payment happened 2 Years, 8 Months ago. Yea again.
3. "You have a short credit history."
Your oldest account was opened 15 Years, 8 Months ago.
Average age of your accounts 12 Years.
Most FICO High Achievers have an average age of accounts between 6 and 12 years. Why is my 12 year AAoA, which falls within the range of FICO HA AAoA, hurting my FICO score? Why isn't it helping?
Thanks in advance. My Equifax score is 698