@Anonymous wrote:All caps because that's what copied and pasted, lol.
I have been looking over this particular FICO score negative remark and according to tons of articles (including from the CRA's blogs), it doesn't mean derogatory payment history, it means either a thin file, not enough accounts, or maybe not enough AAoA.
I'm curious if anyone who has been tracking their FICO scores AND negative remarks has any data points on when this remark disappeared? Was it AAoA? Was it # of accounts? When the remark disappeared, did you see a FICO score bump?
Pretty certain AAOA falls under the ever common short credit history
I'm curious too but we have a couple people with 1-2 accounts only that have a 3B report so maybe it can be found, it'd be interesting to see for sure... at a SWAG I'd think thin file pero no se.
I got a sorta similar "too few accounts in good standing" but that was on a FICO 04 BC score so *yawn* and this was after my lates were deleted too. Certain EQ just hates me, I can't win on that bureau no matter what I do haha.
From today:
Once my new Cap1 Dining reports I'll have 6 accounts. Notice "High Achievers"
I have 4 accounts and screwed up thinking I paid 1 account PIF. Left 6 bucks and got nailed 14 points for going 0-6 friggin bucks. EQ
YMMV
@FireMedic1 wrote:From today:
Once my new Cap1 Dining reports I'll have 6 accounts. Notice "High Achievers"
I have 4 accounts and screwed up thinking I paid 1 account PIF. Left 6 bucks and got nailed 14 points for going 0-6 friggin bucks. EQ
YMMV
Can you post the actual reason codes out of the additional score versions? For some reason MF translates those into more readable speech for FICO 8 baseline, which really annoys me but w/e.
@Revelate wrote:
@FireMedic1 wrote:From today:
Once my new Cap1 Dining reports I'll have 6 accounts. Notice "High Achievers"
I have 4 accounts and screwed up thinking I paid 1 account PIF. Left 6 bucks and got nailed 14 points for going 0-6 friggin bucks. EQ
YMMV
Can you post the actual reason codes out of the additional score versions? For some reason MF translates those into more readable speech for FICO 8 baseline, which really annoys me but w/e.
These only show up on the single pull FICO 8 score versions from my Premium. TU and Experian show the same %'s for FICO 8 high acheivers which is 785 or more score. I have 1 30 day late. It gives an insite on what FICO looks at. You know how scores go more than me. This is just my snapshot per say.
EQ has a different outlook.
Wish there were the same boxes with reasons I could post those for you about mortgages and different versions. Its the basic generic reasons when you look under what hurts the mortgage score. Above is from my file. But as you can see they relate in a way. My BK was 11/15 since the siggy is broke right now. Sorry I couldnt help more.
One of the things I think is problematic with MF is their back of hand advice on FICO 8 is based on the mythical FICO High Achiever, which is similar to CK's manner of doing things. I truly wish they'd just post the full reason codes for FICO 8 base/classic and call it a day.
It's not bad advice per se most times, but like this one seemingly encouraging one to open up another tradeline and for what, you have more than enough to optimize for FICO on all relevant models anyway... because you don't hit the mythical average of 6 open tradelines *sigh*