@Bluedog23 wrote:Been reading thread about how temperamental new EQ scoring model can be. Most have been seeing strange drops. I however saw an 8 pt increase on 7/10 after a DCU membership pull-- score goes from 762 to 770. No other activity. Score watch alerts me of the inq and of the increase.. Then DCU pulls a second time ( as they strangely do) on 7/11 for auto loan app. Get the alert from SW but no drop in score. Stays at 770. I'm not complaining, just saying ---I don't get it. I was expecting a drop but not an increase. Maybe it'll shoot up again when the car loan reports!
I don't know if inq don't report till following month or what but had similar cirumstance when i apped for my CSP my score went up an few ticks.
Unless you're incredibly good at isolating changes on a credit report (read: better than I and I'm a FICO geek), it's nearly impossible to state what every change in one's score can be attributed to.
An inquiry is never a positive. Never to everyone's testing and anecdotal knowledge. It can be zero (and non-trivially often is) penalty, but it is never positive.
That said, there can be positive changes which offset it, vis a vis adding your first installment loan will typically be a straight positive from the mix of credit calculation offsetting the inquiry / possible AAOA change. In other events a tradeline aging, or AAOA changing, or derogs coming off don't get tracked by SW at all, and as such positive swings are much harder to diagnose.
There are so many variables in FICO scoring i guess. I keep balance on my barclay and all other cards report zeo, when the balance went up by $10 or so this month, the score jumped by 3 points to 722, then Discover Inquiry showed up, I lost 2 points as expected.
As 'Revelate' said, what is happening is that there is no alert when some other variables change, so we are unware of that, eg: fall of any negatives never results in alert, nor changes in AAoA etc.