topic Re: score or no score change in Understanding FICO® Scoring

score or no score change

Repo-ed — Fri, 23 Nov 2012 18:59:16 GMT

Paid-off my personal loan as well as my motorcycle loan, and can not recall how that MAY or may NOT affect my score.

should i take out another personal loan to show FICO a mix of credit, or do the closed TLs do that regardless?

Re: score or no score change

Repo-ed — Fri, 23 Nov 2012 19:29:13 GMT

JUST was alerted to a EQ score increase from 664 to 673, but believe it may be do to utli% change...but who knows.

Re: score or no score change

jamie123 — Sat, 24 Nov 2012 03:25:12 GMT

I've always heard that closed installment loans count in the mix of credit.

Re: score or no score change

bettercreditguy1 — Sat, 24 Nov 2012 04:12:41 GMT

Current paid off loans look good. Give it some time. What other items may be holding you back?

Re: score or no score change

Repo-ed — Sat, 24 Nov 2012 04:19:11 GMT

bettercreditguy1 wrote:
Current paid off loans look good. Give it some time. What other items may be holding you back?

Under 3 years AAoA and 5 year old CO (repo)

Re: score or no score change

Shogun — Sat, 24 Nov 2012 05:58:12 GMT

I don't think you need another installment. Do you have any other installment loans? Mortgage? Car loan?

Re: score or no score change

Repo-ed — Sat, 24 Nov 2012 21:46:57 GMT

Shogun wrote:
I don't think you need another installment. Do you have any other installment loans? Mortgage? Car loan?

No. Now I'll just show 4 total installment loans. 1 through a Florida CU that turned intot he repo in 08, and 3 local CU installment loans - now paid-in-full.

Re: score or no score change

Repo-ed — Sun, 25 Nov 2012 18:45:52 GMT

...and just like that, its down to 669. again, no idea as to why.

Re: score or no score change

Shogun — Sun, 25 Nov 2012 19:55:40 GMT

Repo, where are you pulling scores from?

Re: score or no score change

Repo-ed — Sun, 25 Nov 2012 21:11:52 GMT

SW alerts

Re: score or no score change

llecs — Mon, 26 Nov 2012 00:35:43 GMT

Repo-ed wrote:
...and just like that, its down to 669. again, no idea as to why.

Have you pulled EQ from somewhere?

Re: score or no score change

Repo-ed — Mon, 26 Nov 2012 13:08:47 GMT

ive not pulled it in a month or so. have been waiting for when amex delta gold reports to pull again. just added 1inq, but added 5k in CL and the amex will be back dated to 06, so ill see a slight bump in AAoA.

Re: score or no score change

llecs — Mon, 26 Nov 2012 13:11:33 GMT

I would pull EQ from somewhere (Equifax.com, ACR, or some other CMS, or wherever). I'd look for changes on EQ or even dropped TLs.

Re: score or no score change

Repo-ed — Mon, 26 Nov 2012 13:57:20 GMT

Will do today.