Re: Random TU increase

jeffm4688 · ‎09-02-2015

Got a notification my TU went up to 640 today randomly, no balance change or anything but all my account i got approved for on 06/01 just hit 3 months old? Would this attribute to random point increases & should I expect EQ, EX to follow suit?

I am trying to maximize my FICO score (trying to hit 680-690 by december) by paying off my installment debt (paid off 30% of my student loans and 30% of my new car in hopes of an increase)

Thomas_Thumb · ‎09-02-2015

@jeffm4688 wrote:
Got a notification my TU went up to 640 today randomly, no balance change or anything but all my account i got approved for on 06/01 just hit 3 months old? Would this attribute to random point increases & should I expect EQ, EX to follow suit?

I am trying to maximize my FICO score (trying to hit 680-690 by december) by paying off my installment debt (paid off 30% of my student loans and 30% of my new car in hopes of an increase)

It is good to pay down installment loans but best to keep them open with a small balance for maximum score potential. Someday you will need to close them . Unfortunately, closing installment loans often results in a score drop.

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950

jeffm4688 · ‎09-02-2015

My TU didn't bump because of the util paydown on the loans, hasn't posted yet. No idea why I randomly got an increase. I am eagerly awaiting a hopefully decent increase when my util on the loans drops from ~98% down to 70%

As for loans, I made massive payments to student loans and my jeep, but the next payment date was pushed up, I'll now make small $1 monthly payments or something just to make sure they post, but I'll still have them for years to come (9 more years student and 6 more for the jeep)

Anonymous · ‎09-02-2015

I also got a random TU bump today.

jeffm4688 · ‎09-03-2015

holy **bleep** i just got a 25 point increase by paying my auto loan down from 99% to 88%. Eagerly awaiting my student loan decrease! Maybe I can break 660 across the board.

nycfico · ‎09-03-2015

Funny...I got a random increase on TU today as well by a whopping two points.

Maybe they changed the algorithm or something?

Random TU increase

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Random TU increase