Why is my Credit Karma score higher than my actual score? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. They have change slightly since I originally post the. Why is my Equifax score lower than Transunion? That’s like almost 100 point difference between Transunion and Equifax! The difference between my personal Transunion and Equifax credit scores. Each company has its own method of collecting financial information about you, and the. Score: 4. Of course, getting at or close to 0% is best. Not on the electoral register (due to a muck up in my local office but soon to be rectified) but that should push me up. These are things like lates and collections and. My Equifax (from Borrowell) is consistently 80-100 points lower than my TransUnion score (from CreditKarma/BMO), despite both reports showing the same credit accounts, inquiries and lack of collections or other negative items. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. Also, back in the FICO 04 days, the algorithms were customized for each CRA. One of the main reasons why your Equifax score may be significantly lower than your TransUnion score is because both credit bureaus use different credit scoring models to calculate your credit score. Even if they have the same accounts and balances they may classify them differently. Similar numbers. They use their own model now as per verbiage: "The Equifax ® Credit Score and 3-Bureau credit scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. In general, good credit scores can make it easier and cheaper to borrow than low credit scores. The other uses VantageScore 3. The lower the number, the lower the individual’s credit rating. " Still no change. Then you at least know the EQ and TU scores are FICO's. Equifax. But each model makes very different scores. My Equifax Dispute. VantageScore 3. My CreditWise score as of 9/12 is. Equifax and TransUnion are two of the most popular credit bureaus in Canada, and more and more people are seeking out their services as they go to apply for mortgages, loans, condo rentals, and. One place to look is derogs. FICO says 90 per cent of Canadian lenders use it, including major banks. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. The scores are off because the formula is different, factors in different things as compared to FICO, and score ranges are different than FICO's (e. I think this is due in part to (1) some of my inquiries hit only Equifax rather than TU, and (2) for some bizarre reason, Equifax isn't calculating my age of accounts (it says N/A or something like that), nor is it accurately reporting my credit limit. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. Why is my Experian score so much lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Helpfully, and perhaps defensively (if it does report lower scores than the other bureaus), Experian has an explainer article. This is why your score can be so different with each one. Why is my Equifax score so much lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. That said, Experian scores better than TransUnion across: Report Details and Frequency, and Credit Bureau & Credit Scores. Each company has its own method of collecting financial information. 0 in July 2021 was 693. 1/5 (66 votes) . ”. At first, VantageScore credit scores featured a different numerical scale (501 to 990). Identity Guard. A creditor could be reporting your payments to just one or two of them, instead of all three. Deriving from the name of its founder–the Fair Isaac Corporation – the FICO score is a general purpose credit scoring system that was created with the intent of eliminating inconsistencies between each lender’s own system. | AUWhich credit bureaus banks check. It was developed by the three major consumer credit bureaus — Equifax, Experian and TransUnion — to create a “more predictive scoring model that is easy to understand. Other factors used in determining. 0 (ERS 2. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score discrepancies. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores. Your score differs. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. I wouldn't doubt if my EX score was 100 points lower than my TU or EQ scores. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. If you’re wondering why your Experian score is lower, you’re in the right place. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. Why is my Experian score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Many creditors have a custom one, so may not even use the score you see. This includes an. It's just a list of your current outstanding loans, and if you're in good standing with them. Each company uses their own proprietary means. Equifax is 100 points lower than TransUnion. This is no different when it comes to Equifax vs. Score: 4. The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. This is one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. Yes, equifax and transunion from credit karma so vantage score 3. A slight drop in your score may not be cause for worry, especially if you're consistently practicing good credit health habits . FICO® credit scores are the auto industry standard for determining a potential buyer's creditworthiness. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Can be significantly different than your FICO Scores. 550. Length of credit history: 15%. I'm at 705 TransUnion, but I'm at 588 on Equifax. 0 scoring model. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. It’s impossible to say which credit reporting agency, TransUnion, Experian, or Equifax, is more accurate since all three agencies use similar methods to collect and report credit information, but may differ in their scoring models and data sources. The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. The most likely explanation is that your three reports are not exactly the same, and that in particular there is something on the EX report that makes its score worse. Yes. That’s because the lender may be using a FICO score based on data from a different credit bureau. Why is my Experian score 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Financial Smarts Transunion vs Equifax TransUnion® Vs. All credit-scoring agencies, including TransUnion and Equifax, use proprietary scoring models, and despite the fact that credit scores are based on similar or the same factors, such as payment history and the number of accounts in good standing, each model can weigh some of these factors in a different way. In addition, late payments remain on your Equifax credit report for seven years. Good. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. 0 based on my TransUnion credit. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. In other words, your credit utilization rate is how much of your available credit you’re using at any given time. Capital One doesn't have a favorite — but often pulls more than one. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. When the scores are significantly different across bureaus, it is likely the underlying data in the credit bureaus is different and thus driving that observed score. You were the victim of identity theft. These companies compile information about your credit into reports that are used to generate your credit scores. The basic FICO credit score range is 300 to 850. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. If, for example, you pulled a copy of your Experian report and your lender is looking at your TransUnion report, the data may not. We would like to show you a description here but the site won’t allow us. New credit: 10%. Under the menu, click on “free credit score”. Partly because FICO makes many scoring models, and also because the data that goes into the model could come from three different places. Your Equifax score can be lower than your TransUnion score for a variety of reasons. The other two only report the name of your employer and do not add any weight to that fact. Instead, we work with Equifax and TransUnion to. FICO is 300-850, Vantage is 501-990, PLUS is 330-830, TransRisk is 350-850, and so on). Credit bureaus are companies that collect consumer credit information. 95 per month and include daily credit updates, recommendations, credit locks, monthly tips and more. Lenders are generally checking your FICO score, which is yet again different than either the Equifax or Transunion. Learn more. Suzanne Kvilhaug. These scores are not provided by Credit Karma. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. I did find a couple of minor discrepancies on my Equifax report, disputed them, and they have been "resolved. But one of the above comments is right. These factors are likely to yield different credit scores, even if your credit reports are. 0 scores from TransUnion and Equifax. Equifax vs. This is why your credit score is so important, not only for credit approval but also for things like your credit limit and the terms of the loan. In my experience, I've found Equifax is generally more thorough than Transunion. Although FICO and VantageScore use the same data, they process. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. From a BK years ago to: EX - 3/11 pulled by lender- 835, EQ -. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. 0. If you had unexpected expenses and you put them on a credit card or cards, your credit score could drop. Sponsored. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. A person’s Experian credit score may be lower than their TransUnion or Equifax scores for several reasons. Why Is My Experian Score So Much Lower Than Transunion And Equifax. That applied to both individuals and family plans. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. No searches, no defaults no nothing. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. Experian utilizes the FICO scoring model while TransUnion scores are based on the VantageScore model. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. The scores we provide are actual. Why is my Equifax score lower than FICO? Asked by: Miss Megane Kuphal Jr. But, I am concerned about Equifax score and why it is so low. Equifax offers a variety of credit monitoring services priced from $4. 1. Here’s why your FICO® Score 9 credit scores could be different. In general, the higher your score, the better your chances of getting approved for credit cards or loans with more favorable terms, including lower interest rates and fees. The only difference is that I have a single collections account reporting which is bogus. Why is my Experian score so much lower than Credit Karma? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. There are two main scoring systems: FICO – it was created in the 1950s and is used by mortgage lenders. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. Credit-scoring models can differ and. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. TransUnion is bringing up the rear among the three. When I asked the lender about this, they said my score was 670. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. The whole credit industry is weird. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your Equifax. Why is my Credit Karma Score much lower than FICO Score? I signed up for that $1 promotional 3 Bureaus report from an Experian company. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. Step 2. Often called "educational" scores. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. Lenders can use any of the credit reference agencies to check your credit score in the UK. The above actions will provide the necessary details needed by TransUnion to recalculate your score using your new address details. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. I have 755 with Transunion, and 646 with Equifax. And a lender may report updates to different bureaus at different times. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. Here are the services that. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many. Why is my Experian score so much lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Credit bureaus are companies that collect consumer credit information. These factors are likely to. It's a good idea to take advantage of this every year, to check that everything is accurate and. So I subscribe to both Equifax and Experian and have two completely different credit reports and now, ratings, for both. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. TransUnion offers a similar product to Experian Boost. The Differences Between Equifax, Transunion, and FICO. Multiple factors could account for why your scores are different. In addition, TransUnion reports your employment history and personal information. Experian always seems to be my middle score while Equifax brings up the rear. . 5. 590 on Experian, 651 on Transunion, exact same information for both. To get your updated score, simply access ‘My Profile’, click ‘Credit Score’, click ‘Get your score’, click ‘See your credit score’ and that is you opted back into the feature. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. If the information on your credit report is found to be inaccurate or incomplete, your credit report will be updated, generally within about 30 days. These are FICO 8 scores. All consumers are entitled to one free. Credit score range. Both of these credit bureaus use a dynamic scoring model, but the weight they put on each variable varies. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Each is collecting the same information about your credit history, but it's not uncommon for there to be slight variations among the different reports. If it makes you feel better, most lenders don't even check them. If you plan on applying for credit, make sure to check your FICO Score since there’s. When a lender runs your credit, they’ll usually see your three FICO scores from Experian, Equifax and TransUnion. FICO credit scores, the industry standard for sizing up credit risk, range from 300 to a perfect 850—with 670 to 739 labeled “good,” 740-799 “very good” and 800 to 850 “exceptional. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Both companies collect credit information on individual consumers, which they sell to lenders and. Yes, equifax and transunion from credit karma so vantage score 3. The most common scores range from 300 points to 850 points. We would like to show you a description here but the site won’t allow us. Data Collected. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using with a range of 300-850. Both hard and soft inquiries appear on your credit report, but it’s the hard inquires, those related to applying for credit cards and loans, that affect your score. It is really affecting me getting an auto loan. Your student loans might affect your credit scores in several different ways. " On the next page, click on the "Reports Only" tab. The credit scores you see when you check a service like Experian may differ from the FICO scores a lender sees when checking your credit. 15% length of credit history. 0 range from 501 to 990. The scores may have different interpretations, a 600 from Equifax may be equivalent to a 700 from TransUnion. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Experian says it would be “unusual” if your credit scores align. It is really affecting me getting an auto loan. VantageScore 3. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. There are a number of reasons for this. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. If you have any credit accounts, such as credit cards or loans, you have a credit report. 0 model includes additional factors such as rent history and a ‘trended’ credit. Credit mix: 10%. These are things like lates and collections and. Mostly just confused why the transunion would have gone down regardless of the model used. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. My suggestion is pulling the EX report and really going over it line by line, comparing it to your other reports. If a collection shows up on Experian, but not the other two bureaus, you Experian credit score will be lower than your TransUnion and Equifax scores. Since then TU has been the laggard of the three most of the time. 300-900. According to the TransUnion website, it was developed by all three national credit reporting companies (including Equifax and Experian) and is “more predictive, more consistent, and more stable than older models. This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. Dispute directly with the company that reported the information to TransUnion. This means that your credit score may differ even with the same credit history. Some key factors in your scores, like on-time payments and age of credit history, can take several months or even years to establish. Experian is often a way better monitoring system based on their record keeping. I painstakingly fixed my credit score after several years of lousy credit and monitor my score regularly through CreditWise from CapitalOne, which is based on TransUnion, and from USAA which uses Experian. 0 scores. Above 800 = Exceptional. Equifax vs. Your Equifax credit. VISIT SITE. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. This means that Equifax, Experian, and TransUnion don’t have access to exactly the same data, which accounts for the difference in credit scores. Some people want to achieve a score of 850, the highest credit score possible. Here’s the short answer: The credit scores and reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Below are three VantageScore 3. Different FICO models can produce very different scores. On the next page, click on "Equifax Credit Report & Score. Re: Why is Experian so much higher? @C-XRS2005 wrote: only the one was from there, the other were from myfico. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. For example, a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or a new credit limit. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide. When a lender runs your credit, they’ll usually see your three FICO. Even large deviations between credit. Theyll likely be slightly different, and its possible they could be very different. 0 credit score was lowered by 72 points. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. 5 reasons your FICO score may be lower than your credit score. The other two only report the name of your employer and do not add any weight to that fact. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you’ll see wide credit score. Like before, the higher the score, the stronger your credit. Equifax®: Which Score Matters More? Victoria Araj 6-Minute Read UPDATED: October 30, 2023 The look of your credit score can be. 95 a year and eCredable LiftLocker for $9. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. Why is my TransUnion score so low? There are two main reasons why credit scores for the same consumer can vary by more than a few points: Differences in the information on file at the three major credit bureaus – Equifax, Experian and TransUnion. That's funny. Credit Karma for credit score accuracy, you may want to understand first why you have multiple credit scores — and how your scores affect your financial progress. Highlights: A credit score is a three-digit number designed to represent the likelihood you will pay your bills on time. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. The widely used FICO credit score, which is derived from information in your credit file, ranges from a low of 300 to a high of 850. The only discrepancies that I see from my creditkarma report is transunion reports 3 inquiries (3 credit cards) while Equifax reports 1 (just my verizon wireless--soft pull I presume) and on transunion the only thing that is not showing up is a recent payment that I made on my Bank of America card that brought my utilization on that card from 99% (I. . 740-799 = Very Good. Why is my Equifax so much lower than TransUnion? The lower Equifax number is a common concern for many people. They might also weigh your information differently depending on the type of credit account for which you've applied. If your total credit limit across all your cards were $10,000, you’d want to keep your total balances below $3,000 to limit the negative impact on your score. Then there are “educational” credit scores. 0 based on my TransUnion credit. I understand that they are different companies with different algorithms so a different credit score is understandable. ERS 2. TransUnion is bringing up the rear among the three. Equifax Any site that compares numbers and does a bunch of data-crunching will probably have their. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. Consumers normally do not have a single score but rather many credit scores. FICO, which is a U. Would these all be the same? Not necessarily. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information about your. I don't understand how they can be different by 30 points, let alone. But Canadian consumers cannot access their. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. For example, your Experian credit score. wrote: wrote: I'm in the same boat. And even if a lender reports your credit information to both bureaus, they may do so on different dates, meaning your credit score could be up-to-date with one bureau and out. Depending on what your scores are, you may wonder what they mean. 164 (including taxes/handling charges). However being under 700 on one while being over 800 on the other is unusual. A “good” score may rest in the 661 – 720 range. Here’s the short answer: The credit scores and reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. 6/5 ( 59 votes ) If you file a dispute regarding information on your Equifax credit report, you can generally expect to receive the results of the investigation within 30 days. Why is my TransUnion score way lower than Equifax? The credit bureaus may have different information. Recently got a credit check for a mortgage and the Equifax score was 700, much lower than expected. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). Variations in the data reported by creditors and lenders, as well as. Secured credit cards are a special type of card that requires a cash deposit to insure purchases made with the card. The answer is easy. ”Earlier this year, pharmacy technician Curtis Webb thought his credit score was high enough to help him snag good terms on a mortgage. Would these all be the same? Not necessarily. Here are five main factors that affect your credit scores: Payment history, or whether you pay your credit accounts on time, makes up about 35% of the typical credit score. This purchase is only good for a one-time view. And only recently did we start reporting to Experian. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. To maximize all these scores you. For example, let's say you're going to buy a house. And a lender may report updates to different bureaus at different times. A good VantageScore lies between 661 and 780, which the company calls a “prime” credit tier. Some lenders only report to Experian or Equifax. I did an experiment where I put all my spend on one card and none on the other (0%), and Equifax didn't update it until a month later. Differences in credit scoring formulas. However, these agencies may use this model to weigh each factor differently. The Bottom Line. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. 2. The key thing to understand is the difference between a credit bureau and a scoring model. Why is TransUnion credit score lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. Why is my TransUnion score 100 points lower than Equifax? The credit bureaus may not have the exact same information on you. Use? , 90% of system design is similar few numbers in life accuracy or completeness of Equifax in the United one credit report. Whether it's a 9 point drop or a 90 point drop shouldn't cause you to lose any sleep. Why is my Equifax score lower than FICO? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. Of course, there are several different versions of FICO scores, and the one your lender uses could be different than the one you get from Discover or Experian's. FICO scores are general purpose credit scores developed. Very good: 740 to 799. VantageScore – it began in 2006 and is what Credit Karma uses. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Meanwhile, VantageScore 3. TransUnion and Equifax are consumer reporting agencies; what they do is collect data about you and write your credit reports which show your debt history. Why is my Equifax score 100 points lower than TransUnion? You might expect all of your credit reports and scores to be the same, but they are usually not. Edit: The reason Credit Karma is stating for the low score is a combination of a high number of hard pulls and that my average account age is too new.