@cobbson wrote:
Not in the glossary. Been trying to figure it out by the context of the messages where it is used, but I don't have a clue. Is it something off-color? Duh!
It means bumpage. Which is not something we are allowed (I believe) to talk about here. But you can find it on other credit boards.
@simi_go wrote:
@cobbson wrote:
Not in the glossary. Been trying to figure it out by the context of the messages where it is used, but I don't have a clue. Is it something off-color? Duh!It means bumpage. Which is not something we are allowed (I believe) to talk about here. But you can find it on other credit boards.
Exactly.
@09Lexie wrote:
@simi_go wrote:
@cobbson wrote:
Not in the glossary. Been trying to figure it out by the context of the messages where it is used, but I don't have a clue. Is it something off-color? Duh!It means bumpage. Which is not something we are allowed (I believe) to talk about here. But you can find it on other credit boards.
Exactly.
The devil is in the details... many horror stories involving that one. Causes split files, makes good TLs disappear, etc..., not worth it. And 6 months of gardening does much better. IMHO.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
@eagle2013 wrote:
It's nothing to be secretive about, imo.
B* is basically when you pull your daily report (through 3rd party credit monitoring sites) enough it generates soft pulls. When those soft pulls get to a specified number; hard inquires have the potential to be "bumped" due to file size. TU and EQ have gotten hip to it and induce "chopping" where good TLs have the potential to be slashed instead of hps. Additionally, ARS is another CB which tracks applications, so it's null and void. You have to subscribe of credit monitoring sites, and that gets expensive. To me, I don't think it's worth it because new TLs matter more than inqs, and if your file is strong inqs don't matter that much anyway.
It's not that's secretive, it's that the attempt to remove valid inq's is a violation of myfico's ToS. Because myFICO provides reports and must follow the CROA, there are strict rules on credit repair and credit advice. Discussion of bumpage isn't allowed on here in terms of advocating or suggesting it. Therefore, if this thread begins to go into detail on the 'how, what and where' will get posts deleted.
Lexie