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The vagaries of scoring models

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cubiclemonkey
New Member

The vagaries of scoring models

The mortgage I've had for more than eight years was sold to another company. That means my mortgage account was closed and another opened. Thus, my average account age went down and with it my Credit Karma score by 13 points.

 

My mortgage being sold has as much to do with my credit worthiness as Obama has to do with the murder rate in Baltimore.

 

Gotta love it.

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Anonymous
Not applicable

Re: The vagaries of scoring models

The AAoA drop won't be as much with Fico. With Credit Karma you got a double whammy since they don't include closed accounts in the calculation. With Fico, where it actually matters, closed accounts are included.

Message 2 of 3
cakkd
Contributor

Re: The vagaries of scoring models

Glad to hear it. Thanks for letting me know.

Starting scores (June 9,2012): 591(TU), 582(EXP), 591(EQUI)
Current score: 721 (Discover Fico)
Goal scores: 761 across the board
Message 3 of 3
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