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understanding Scoring

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understanding Scoring

My score has increased by 4 points this month.  I obviously am doing something right.  How can I tell what 4 points equates to?  Where do I see a formula for point increases?
Message 1 of 4
3 REPLIES
Moderator Emeritus

Re: understanding Scoring

You can't. Smiley Happy
Message 2 of 4
Moderator Emeritus

Re: understanding Scoring

I'm not trying to burst your bubble, but don't be surprised if your score drops 10 points next time you check it.  There are a zillion factors that influence the score, and progress isn't always immediately demonstrated by a higher score.  Read some of the posts about how to keep improving, and with some work you'll eventually see results!
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Bartender, bring another round of FICOtinis please!

9.4.2011: TU 805. EQ 815.
Message 3 of 4
Moderator Emeritus

Re: understanding Scoring



wayne wrote:
My score has increased by 4 points this month.  I obviously am doing something right.  How can I tell what 4 points equates to?  Where do I see a formula for point increases?


Just wait until you change "scorecards, buckets or pools" as I might have.  Crazy things happen to your FICO scores.
Message 4 of 4