Credit Card Center Advertiser Disclosure

Senior Contributor
Posts: 3,070
Registered: ‎11-02-2009
0 Kudos

Effect of aging of late payments on Vantage Score

Thought about putting this in Understanding FICO Scoring, but that wouldn't really make sense.  Though there is a lot of discussion of FAKOs over there, so mods feel free to move if you think appropriate (maybe it just goes in Smorgasborg).


Anyway, for those interested, not sure what caused the sudden spike, but maybe it is my late payments aging past the 4 year mark.  My Vantage score jumped up to 966.  It had held at 853 for a long time at various different levels of utilization.  At the same time that the late payments aged, I paid down some balances on 0% cards, going from 40% to 20% utilization.  That jumped me to 940.  I then paid it down to 10% and that took me the rest of the way to 966.  I'm speculating that it was mainly the aging of the baddies because My utilization was optimal (at least for FICO purposes) earlier in the year, but I still had hte 853 score.


This information is probably of pretty limited value.  It has been reported that Chase uses Vantage, though not exclusively.  I did just apply for two Chase cards, one revolver, and one business charge card.  I was approved for both, and given a healthy initial CL on the CSP, but it's gross speculation to say that my Vantage score had anything to do with the approval or CL.


I wish the 4 year mark had done something to my FICO score, but it doesn't seem to have had any real effect.  Waiting for these last baddies to fall off is maddening sometimes.  They're not really hindering me as I've been able to get approved for a mortgage and additional credit cards, but I just want to have clean reports again.  Oh well, only a couple more years.

Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720

Take the FICO Fitness Challenge
Established Contributor
Posts: 857
Registered: ‎02-11-2012
0 Kudos

Re: Effect of aging of late payments on Vantage Score

Congrats! The journey is long, sometimes frustrating and yet exhilarating. I too have found util at 5 or 6% doesn't change my scores much. With Vantage, it seems as though any increase in balances (debt) tanks the score.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico)XP 735 (FAKO)
Updated scores 05/01/17 EQ 824, TU 812 EXP 810 (all Fico scores) Remember the Three P's: Pay early in Full, Pay on Time, Patience
Senior Contributor
Posts: 3,491
Registered: ‎07-25-2008
0 Kudos

Re: Effect of aging of late payments on Vantage Score

When the last one falls off you'll want to dance!

Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
Goal Score: 776 FICO

Take the FICO Fitness Challenge

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.