Reply
Frequent Contributor
CreditChampion
Posts: 260
Registered: ‎03-15-2012

Account Status N/A

Does an account with an account status reported as n/a factor into fico scoring at all? Like does that account still affect aaoa etc?

Fico Scores: 763 EQ(12/11/12) 768 TU(12/11/12) ? EX(TBD)
AMEX Zync NPSL(AU) Citi Forward $4k Discover it $2000 Wells Fargo Cash Back $1300 BankAmericard Better Balance $700 Chase Freedom $500 Capital One Quicksilver $1250
Capital One Secured Card (AU) $251 Capital One Platinum (AU) $500
Moderator
Revelate
Posts: 8,138
Registered: ‎12-30-2011

Re: Account Status N/A


CreditChampion wrote:
Does an account with an account status reported as n/a factor into fico scoring at all? Like does that account still affect aaoa etc?

Qualified probably?  If it's on one's report...

 

I've never seen or heard of that before though (not surprising), would you mind sharing the information on the relevant tradeline?

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 679, EQ 8 703, TU 708, EX 702* (05/30/14, EX older)
Goal Score: 700 in all three (01/01/15)


Take the myFICO Fitness Challenge
Moderator
pizzadude
Posts: 8,544
Registered: ‎01-28-2010

Re: Account Status N/A


CreditChampion wrote:
Does an account with an account status reported as n/a factor into fico scoring at all? Like does that account still affect aaoa etc?

It should be included.....at least if it isn't a PR or a collection is will be included in your AAoA.   If it happens to be a child support tradeline then it is ignored by FICO scoring.   

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Mega Contributor
RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: Account Status N/A

Current account status is a required field to be included in any regular reporting.  It is the current snapshot.

I would suspect that their last reporting simply failed to provde that field code, and thus was noted as unreported.

The scoring of specific account items, such as date of account opening, are not required to be re-reported monthly.  They are sticky-codes that remain until updated.

I dont think it will have any impact on scoring of AAoA.

 

I suspect that their next reporting will show the current status.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+