@racer-x wrote:
Answer this question then: does myfico provide us with alerts that are not indicative of a score change?
Yes, for the most part the alerts that I get do NOT directly show a score change. The score changes arrive only every few days, and my TU went from December 24, 2014 (-11 to 703) to February 11 (+4) then February 19 (+6) and March 5 (+7) as the only "score changes" in that time.
During that time, I added three CC reporting, closed a card, no new INQ on TU, and balance decreases: $43,623 to $38,586 to $37,540 to $37,891 on those four days, respectively.
@NRB525 wrote:
@racer-x wrote:
Answer this question then: does myfico provide us with alerts that are not indicative of a score change?Yes, for the most part the alerts that I get do NOT directly show a score change. The score changes arrive only every few days, and my TU went from December 24, 2014 (-11 to 703) to February 11 (+4) then February 19 (+6) and March 5 (+7) as the only "score changes" in that time.
During that time, I added three CC reporting, closed a card, no new INQ on TU, and balance decreases: $43,623 to $38,586 to $37,540 to $37,891 on those four days, respectively.
NRB-That was kinda rhetorical question that makes my point as well. I was making a point that we're in essence paying for alerts that don't mean diddly doo doo squat.
We GET alerts showing score changes that ARE NOT actually responsible for the score change, but we DO NOT GET alerts that are responsible for score changes? Makes perfect sense. rollseyes some more.
I really do get all this believe it or not. 
@racer-x wrote:
@NRB525 wrote:
@racer-x wrote:
Answer this question then: does myfico provide us with alerts that are not indicative of a score change?Yes, for the most part the alerts that I get do NOT directly show a score change. The score changes arrive only every few days, and my TU went from December 24, 2014 (-11 to 703) to February 11 (+4) then February 19 (+6) and March 5 (+7) as the only "score changes" in that time.
During that time, I added three CC reporting, closed a card, no new INQ on TU, and balance decreases: $43,623 to $38,586 to $37,540 to $37,891 on those four days, respectively.
NRB-That was kinda rhetorical question that makes my point as well. I was making a point that we're in essence paying for alerts that don't mean diddly doo doo squat.
We GET alerts showing score changes that ARE NOT actually responsible for the score change, but we DO NOT GET alerts that are responsible for score changes? Makes perfect sense. rollseyes some more.
I really do get all this believe it or not.
No, we get alerts of changes to the file based on the threshholds that each bureau decides on. There is a thread here that outlines what those threshholds are. So you can get an alert for one change from one bureau, but not see an alert for the same change on the other bureaus. Yet all those changes eventually get included in a score calculation, which is triggered by that last alert which moved the algorithm enough to lead to a score change, gathering the alerts from the last X days, displayed or not, which were complementary but not by themselves enough to trigger a score change.
You can also have stuff fading from past history, such as INQ, baddies dropping off, AAoA crossing a hidden time gate, which do not give an alert, but does affect the current score.
@noobafterbk wrote:
im becoming concerned that watching this forum im being told that as a consumer i cannot possibly jnderstand why something happens and i must just accept this. that some calculation which.has 49 different scores based on industry weighted needs decides what i am. also how can a cra score be so different from the fico score surely the cra bases their scores on the info in a persons credit report as they have it so then fico comes along and decides to change the formula and provides a NEW score? why so many scores.....is equifax score invalid is so why have one at all?
Welcome to the world of consumer credit score confusion. The only scores you want to give an credence to are any Fico and the Vantage. The Vantage score is used by some creditors and Fico is the most widely used score to approve loans. Its true there are 49 different Ficos in each Fico year, there are specific lender models (Bankcard, auto, mortgage, collection ,etc). The Fico score is an ever evolving number as new model years are developed based on lender experiences and feedback from current and previous models.
Your Fico will rarely be the same at all bureaus due to how the info is recorded by each individual bureau and not all creditors use all 3 CRAs. You need to remember Fico is a fluid number (a snapshot in time) based on whats in your CRs.
Although not set in stone for FIO scoring.....Experian does offer a table of triggers for all 3 bureaus. Not every bureau uses the same trigger based on their version of scoring models. If FICO 08 or 09 was used by all 3 main CRA's then the triggers used for alerts would be identical for 3 fico scoring models on EQ, EX and TU.
You would indeed get bombarded by alerts (including those that affect score increases or decreases).
This is only a guide but it might help put together information that could explain score changes. I have been tracking my daily score changes for 4 months now on a spreadsheet. I note all alerts (whether a score changes or not). Eventually I will compile enough data points to post for others to see. Of course this information is a direct reflection of my credit profile and only impacts my scores.
