Reply
Established Contributor
Posts: 842
Registered: ‎09-16-2012
0

Weird-New cards, some scores up, some down

So  after my MEGA app spree over a month ago,  my scores have been all over the place.  Which I knew would happen to a certain extent.

I've gained $55K in credit, and my AAoA is about 9 mos now.

 

What's confusing me is, myfico EQ went from 745 to 706.  EQ was my best report, with no baddies.

EX (experiandirect, I know it's not the real fico but it does indicate the direction/trend in my credit) has gone from 670-ish to 716, with a paid collection from a year ago.

Walmart TU has gone from 641 to 674, same baddie as well.

 

So in a nutshell, EX and TU with the collection on each, has jumped significantly while adding the new TL's.   EQ has plummeted with the same new TL's added and 0 baddies on that report. 

One noticeable difference is the inquiries are mostly EQ.  EQ 9, TU 2, EX 1.

 

Thoughts, insight?

Senior Contributor
Posts: 3,491
Registered: ‎07-25-2008
0

Re: Weird-New cards, some scores up, some down

Your age of active account (a scoring factor) has greatly decreased. High scorers don't open a ton of new accounts or have an old Amex hanging in their sock-drawer. :smileyhappy:

 

Inquiries are also factored into your score.

 

Jake


Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
Goal Score: 776 FICO


Take the FICO Fitness Challenge
Established Contributor
Posts: 842
Registered: ‎09-16-2012
0

Re: Weird-New cards, some scores up, some down

dekaje- i understand all that . You missed my point though.

Explain why the 70 pt swing in scores?
Ex and tu up 30-ish, EQ down 40. They are all showing the same TL's except EQ doesnt report the baddie that ex and tu report.

This spree was 10yrs in the making. Im gardening for the next year at least. Maybe 2
Established Contributor
Posts: 599
Registered: ‎03-10-2012
0

Re: Weird-New cards, some scores up, some down

I think between 98 04 08, 04 versions are toughest on new accounts. Discount the Exp fako completely, i think it's one of the ones where total amount of credit factors into score.
EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.