Credit Card Center Advertiser Disclosure†
03-31-2012 01:59 PM
That's consistent with my experience. Big jump from unclean to clean.
04-09-2012 05:47 PM
I have a bankruptcy from late 2008 otherwise the only baddies are those included in that bankruptcy. I have about 10% utilization and my oldest account is 13 years. As of 3/28/12 my Equifax FICO was 724. Heck, I'm surprised.
04-10-2012 07:08 AM
I'm kind of perplexed, looking at some of these responses, about why my score (EQ FICO) is as "low" as it is. I have 0 baddies, and a 16-year credit history with an AAoA of 6 years. Maybe it's too many recent HPs (4 of them - bleh) and the fact that my utilization was reported at 14% when I pulled the score? (It's not actually 14%, but I pulled it at a time when I had done a balance transfer recently and both the transferred from card and the transferred to card were reporting the balance.)
My score was 732, but that seems kind of low, considering. I do have a lot of student loans - all current, some in deferment, but I didn't think that would make a huge difference.
09-10-2012 03:20 AM
Thank you for your post! My husband has a very similar credit profile to you. His latest FICO's from Aug 2012 were both 709. We only have one loan (no credit card debt), an installment loan for an auto. The util on that installment loan when the scores were last reported in August was 50.13%. Presently (Sept 2012), the util is down to 24.40%. We haven't rechecked his FICO yet, but I'm optimistic that we should see a bit of an increase in his scores. Based on the information you provided, looks like we just need to get the util on that loan down a bit more (to 9% util) to bump him up to that 720 score. I appreciate you sharing and confirming my thoughts!
09-21-2012 09:18 AM
Update: by lowering the total util on that installment loan from 50.13% to 24.40%, my husband's score jumped from 709 up to 724 (he has a collection). My score went from 768 to 772 (clean credit history). Different scoring buckets, thus differences in amount of increase.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.