Congratulations OP. It's exciting. I have the same goal for no reason but just because!
@bada_bing wrote:
@NRB525 wrote:Congratulations!
What is the last reported balance on each of your CC? Overall utilization on revolving?
Any other term loans like a car loan?
All my cards reported zero except about $1000 on my BCP. That is 2% on the BCP and rounds up to 1% on all cards totalled.
I have 1 active mortgage that was opened 3 years ago in Jan. It is a refi and started at $118K and now is $93K. The loan to value
is under 30% but the current balance to original balance on this refi is 79%. Something to think about when you refi a mortgage.
I have 3 closed mortgages on my reports in good standing.
I have no installment loan history on my reports at all, it's been 20 years since I had an open car loan.
Yes, this makes sense. In order to get to 850, I think one has to be zero risk of default, meaning almost nothing being borrowed.
Congrats! Thanks for the data.
@Thomas_Thumb wrote:
@Revelate wrote:
@bada_bing wrote:I had negative scoring factors on just TU last month when the score was 839.
The factors were
1. Proportion of loan balances to loan amounts is too high
2. Too few accounts paid as agreed.
I checked my SM for my TU history and it shows that I had 839 two months ago
and 844 just a couple days before my mortgage posted below 80% for the first time.
It matches what CCT has recorded when the dates line up, but I only get an update
from Barclays every two months.
1 was a ding as you saw, 2 is just one of those unarguable truths that get told to people with high scores. Can't be false, can't be sued.
Anyway I do greatly appreciate your neatly providing confirmation of 80% being the high installment utilization boundary; now just looking for the one somewhere between 50 and 20%
Many thanks!
Yes, this is pretty good evidence that 80% may be a threshold for a mortgage only installment loan. However, CAPTOOL's previous data on a score change below 70% aggregate balance to loan ratio was compelling as well. Credit profile may come into play as it does with # cards reporting and credit card UT%.
Ultimately there may be more than 2 threshold ratios but clearly the lower ones may be invisible to many profiles if they are already at 850. Perhaps before/after scores from other Fico scoring models - that don't have buffers can help establish lower threshold levels [mortgage scores, or enhanced Auto/Bankcard scores]. Unfortunately, most people don't track all their Fico scores so this can be difficult.
Yeah, I'm kind of skeptical of there being more than 2 thresholds, there just isn't that much room between 50 and 20 (which based on my data seems to be the lower bound for a breakpoint).
I can't test for a good long while given I'm sitting 3 months into a 15 year mortgage unfortunately, but hopefully we'll get enough datapoints to be able to sort it one way or the other.
Conclusively it can be stated smaller utilization ratio on open installment loans is better though, which from a FICO optimization perspective is really all people need to know.
I thought the EX threshold for the mortgage was 66%.....
I had read elsewhere that the TU and EQ threshold's were higher than the EX.
66% is a long way from 80% though....that's a long time to go without usage on the cards.
maybe one of those things that might need to be revisited in the future.
maybe even calender marked for when you cross certain % threshold's of your mortage Re-Zero cards 2 months prior and take a snap shot again everytime.
#guineapig
Big, big, big congratulations, bada_bing. I want your score. Keep it up.
@bada_bing wrote:I've been on a quest for 850 FICO 8 scores for 20 months now. I know it's
irrelevant, but it keeps me incentivized in gardening. I did my monthly CCT
pull and was shocked to find I crossed the finish line on TU and EQ. Yeahhh
I had been expecting I wouldn't make it to 850 until my newest account turned 2 years,
which will happen next March. Evidently "new accounts" isn't enough of a demerit to hold
me back. What evidently was holding me back was the balance owed on my mortgage
compared to the opening balance (utilization?). I just fell below 80% on the first of this month.
Evidently the 80% threshold is worth quite a few points to my profile. My scores moved from
last months pull:
TU 839 >>> 850
EQ 844 >>> 850
Curiously, my ex didn't change a point 849 >>> 849
Anyway, I am continuing on with "gardening". There isn't anything I need to app for at this
time. I am wondering when my EX score will catch up? I also wonder why EX didn't get a bump
at all when the other two had multiple point increases this month ? All my reports have identical data
except EX shows a closed Cap1 and a Citi card that were both closed in 2008 by lender (for non-use)
that the other two reports no longer have. The old cards should help rather than hinder EX I would think.
Impressive op. Impressive indeed. Congrats. Nice quote as well about bill collectors.
Well, I logged onto my CCT account tonight to glance at my scores. There had been no
movement at all in any of my scores since I got the bump up on TU and EQ that put me to
my longterm goal of 850. EX hadn't moved and I was resigned to waiting it out for the next
minor milestones on my report. I have let my reported utilization drift back onto my daily driver
cards and currently have 3 cards of 5 reporting minor <1% balances. When I first cracked 850
on TU and EQ I had my reported utilization on only 1 card with a reported balance of less than 1%. I
wasn't expecting any changes for the next couple months and have been letting my spending report.
EX changed to 850 today ! I'm now at 850 FICO8 straight across the 3 bureaus 
I have no insight
into why the change on EX. If anything I wouldn't have been surprised by a point or two loss, as my
utilization isn't optimized anymore and I haven't crossed any suspected tier boundaries for account age
or loan to balance. I have no explanation unless EX actually "likes" for my profile to have more than
one account reporting a balance? The change is a negligible 1 point on EX, but that last point has been
stubborn. I really wonder now about the conventional wisdom that recommends only one card reporting
a balance for optimal scoring. At least for my profile and on EX only, that is not the case.
Anyway my current reported utilization on EX:
USAA 0 owed $25K CL
Freedom 0 owed $10K CL
BCP $131 owed $50K CL
SM $ 95 owed $18.8K CL
BoA AK $245 owed $50K CL
Anyway, it is the end of a FICO goal for me, and it took less time than I had anticipated. I was expecting it
to take at least 2+years of gardening. I got it in 20 months 
No place to go now but down, at least
as far as FICO8 is concerned.
+
850 FICO8 since 2015, Thanks MyFICO - 5+ years since last HP