Reply
Frequent Contributor
racer-x
Posts: 376
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?


Starting Score 9/12: EQ 645 TU 641 EX 651
Current Score5/13: myFico EQ 729 DicoverTU 710 myFico EX 734
Goal Score: 750

AMEX PRG,AMEX BCP-$15.1k,US Bank PLOC-$15K,CSP-$15k,Freedom-$6k,CapOneVisa-$15k,US Bank Visa-$10k, DCU Visa-$10k,Paypal MC-$15k,USAA MC-$12k,Lowes-$8600,CapOne Visa-$10k,Discover IT-$12.9K,BoA Visa-$10.1K Walmart -$4k,GECU Visa-$3500, US RLOC-$750

Take the FICO Fitness Challenge
Senior Contributor
drkaje
Posts: 3,483
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 754 FICO, EQ 732 FICO
Goal Score: 776 FICO


Take the FICO Fitness Challenge
Frequent Contributor
racer-x
Posts: 376
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

Starting Score 9/12: EQ 645 TU 641 EX 651
Current Score5/13: myFico EQ 729 DicoverTU 710 myFico EX 734
Goal Score: 750

AMEX PRG,AMEX BCP-$15.1k,US Bank PLOC-$15K,CSP-$15k,Freedom-$6k,CapOneVisa-$15k,US Bank Visa-$10k, DCU Visa-$10k,Paypal MC-$15k,USAA MC-$12k,Lowes-$8600,CapOne Visa-$10k,Discover IT-$12.9K,BoA Visa-$10.1K Walmart -$4k,GECU Visa-$3500, US RLOC-$750

Take the FICO Fitness Challenge
Established Contributor
YahComb
Posts: 595
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-758(06/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 7.5K | Disc It 9K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yr AAOA: 25.8 mo

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+