Thanks.
I am trying to stagger my loan terms. I will still be paying on my personal loan when I get my auto loan. I will still be paying on my auto loan when I get my mortgage.
It will be interesting to see if that helps.
At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79% 
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Congrats on the new car and thanks for providing this information on your scores.
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Refresh my memory please do you recall how much you increased on your share secure loan testing assuming they were clean datapoints?
Mine were identical moves up and down across breakpoints and at the time my file was rigidly held flat through the mortgage process.
Congrats & enjoy your new car! 
@Grafton88 wrote:
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Congrats on the new car and thanks for providing this information on your scores.
Thanks, Grafton, much appreciated.
@Revelate wrote:
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Refresh my memory please do you recall how much you increased on your share secure loan testing assuming they were clean datapoints?
Mine were identical moves up and down across breakpoints and at the time my file was rigidly held flat through the mortgage process.
I couldn't remember either, had to go back and look. When my share secured loan utilization dropped from 15% to 9% my FICO8 scores picked up
and 33 points in EQ
Pretty bizarre if you ask me.
It was the difference between having a balance of $77 and a balance of $45.
@Anonymous wrote:Congrats & enjoy your new car!
Thanks Sandi
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Refresh my memory please do you recall how much you increased on your share secure loan testing assuming they were clean datapoints?
Mine were identical moves up and down across breakpoints and at the time my file was rigidly held flat through the mortgage process.
I couldn't remember either, had to go back and look. When my share secured loan utilization dropped from 15% to 9% my FICO8 scores picked up
and 33 points in EQ
Pretty bizarre if you ask me.
It was the difference between having a balance of $77 and a balance of $45.
Good point gains...
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:At long last, over a month after I did the paperwork for the car loan, the loan hit my EX report.
Unfortunately the loan had already been partly paid down by the time it hit, so that my overall installment loan utilization was at 87.7% (including my share secured loan) when it hit.
So I (a) will never know whether the point drop would have been greater had the loan first reported when it was at 100%, and (b) have not learned whether 90% was a threshold or not. Sorry about that folks.
EX FICO8 dropped 20 points, from 723 to 703.
The FICO8 simulator had predicted 30 point drops on TU & EX, & 35 points on EQ, but the simulator wasn't counting on my loans being 12.3% paid down by the time the car loan registered, which may or may not have softened the blow.
Next up:
1. see what happens to TU and EQ FICO8's,
2. on 6/18 when 3B comes in see what happens to other FICO scores
3. then on to 79%
Refresh my memory please do you recall how much you increased on your share secure loan testing assuming they were clean datapoints?
Mine were identical moves up and down across breakpoints and at the time my file was rigidly held flat through the mortgage process.
I couldn't remember either, had to go back and look. When my share secured loan utilization dropped from 15% to 9% my FICO8 scores picked up
and 33 points in EQ
Pretty bizarre if you ask me.
It was the difference between having a balance of $77 and a balance of $45.
Incredible swing between percentages no doubt. That is the nature of FICO, bizarre
Congratulations SJ on the new ride