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Moderator
Shogun
Posts: 12,883
Registered: ‎04-15-2011

Re: Coming Soon: New Member Ranks

Congrats!


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: Coming Soon: New Member Ranks


p- wrote:

ShanetheMortgageMan wrote:

I am intrigued with the new algorithm.


MyFico is keeping the details under wraps.  From what I understand your ranking is baset on "bucketing".  Items in your Board file such as AAOP (average age of posts), number of posts, utilization (percentage of posts used relevantly), and negative accounts (posts deleted or edited for violating terms) are used to come up with a risk assesed profile bucketing you with other users that have a similar scorecard.

 

These buckets are then divided up into the scoring models, with some buckets limited as to how high they can score.  As your profile changes, you can be moved from one bucket to another, or one branch to another, changing your overall score.  That being said, no one really knows exactly how these algorithms work, and the information above has a high chance of being made up.

 

 


Sorry, I just had to bump one of the best posts I've read on here.

 

Also, total log-ins obviously play a role, since I've logged in and immediately flagged a new rank.

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Valued Contributor
p-
Posts: 2,539
Registered: ‎06-05-2008

Re: Coming Soon: New Member Ranks


Jutz wrote:

Sorry, I just had to bump one of the best posts I've read on here.

 

Also, total log-ins obviously play a role, since I've logged in and immediately flagged a new rank.


 Be advised; sometimes if your total logins increases, you can be rebucketed to a new branch and might see a temporary decrease in your rank.  But don't be discouraged, long-term a more favorable bucket affords you a chance at a higher ranking.  :smileyvery-happy:

  2-13-14: FICO EXP: 779 - EQU: 742 - TRAN: 765 - AVG: 762 - +212 points from JUN 2008 - MY CREDIT JOURNAL

Blogger
HiLine
Posts: 2,836
Registered: ‎10-19-2012

Re: Coming Soon: New Member Ranks


p- wrote:

Jutz wrote:

Sorry, I just had to bump one of the best posts I've read on here.

 

Also, total log-ins obviously play a role, since I've logged in and immediately flagged a new rank.


 Be advised; sometimes if your total logins increases, you can be rebucketed to a new branch and might see a temporary decrease in your rank.  But don't be discouraged, long-term a more favorable bucket affords you a chance at a higher ranking.  :smileyvery-happy:


Oh boy have you bumped your post count since last year!

New Visitor
juliazoe4
Posts: 5
Registered: ‎12-24-2012

Re: Coming Soon: New Member Ranks

This may very well be the best post that I've read on these boards!

Valued Contributor
p-
Posts: 2,539
Registered: ‎06-05-2008

Re: Coming Soon: New Member Ranks

:smileyvery-happy:

  2-13-14: FICO EXP: 779 - EQU: 742 - TRAN: 765 - AVG: 762 - +212 points from JUN 2008 - MY CREDIT JOURNAL

Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: Coming Soon: New Member Ranks


juliazoe4 wrote:

This may very well be the best post that I've read on these boards!


+1

Valued Member
winner88
Posts: 61
Registered: ‎07-21-2009

Re: Coming Soon: New Member Ranks

I joined in 2009.. why am I still a new member?

EQ 772
TU 764
Moderator
Shogun
Posts: 12,883
Registered: ‎04-15-2011

Re: Coming Soon: New Member Ranks

Because you only have 12 posts.  :smileywink:


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: Coming Soon: New Member Ranks


winner88 wrote:

I joined in 2009.. why am I still a new member?


And I'll add that your rank is a few above 'New Visitor' and factors in posts, number of logins, messages read, among others.


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