cancel
Showing results for 
Search instead for 
Did you mean: 

Oddity>>Equifax Fico Goes Up 12 Points For UnKnown Reason

tag
jbh
Established Contributor

Oddity>>Equifax Fico Goes Up 12 Points For UnKnown Reason

It mentioned an update 2/3 days ago and I could not figure why that is. I have 4 new accounts almost 3 months old, but not quite. It stated:

 

The following 2 negative factor(s) are not hurting your score as much as before:

 

  • The time since your most recent account opening is very recent
  • The length of time your accounts have been established is relatively short

 

Weird, because I still have those 4 new accounts. While I opened my first credit card in November of 2007, I am not sure if it hit an anniversary because it was a bit over 1 year already. I also wonder if it could be the 6 month anniversary of my Orchard card, but that wasn't going to hit as late as 11/29/08 (more like early May)

 

Nothing else happened at all. I'm certainly not complaining but I DO find it fascinating. I was wondering if any Fico gurus could explain how this is possible.

 

Thanks for your time, as usual.

Message 1 of 2
1 REPLY 1
MidnightVoice
Super Contributor

Re: Oddity>>Equifax Fico Goes Up 12 Points For UnKnown Reason

Probably the phase of the moon  Smiley Happy

 

Small fluctuations are not uncommon.

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.