Blogger
HiLine
Posts: 2,946
Registered: ‎10-19-2012
Re: Guess the cause of my score drop

Rhaeny wrote:

Okay, I'll make a wild guess here.  One of your oldest accounts fell off and at the same time a new credit item with a balance appeared which reduced your AAoA and increased your utilization.


After going over all the scenarios pictured in this thread, some being pretty clever and creative, and some being very "realistic" :smileywink:, I think this one came the closest. So Rhaeny will be honored in my signature line for a whole month. Congrats! If you don't like the way it looks now, let me know what you would like to see. :catlol:

 

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: Guess the cause of my score drop

What is this strange button I have.  Oh, I can edit this post too?  So, maybe, just maybe, I could change that name.   LOL.   J/K  Congrats to Rhaeny on getting it!


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!
Blogger
HiLine
Posts: 2,946
Registered: ‎10-19-2012
Re: Guess the cause of my score drop

Shogun wrote:

What is this strange button I have.  Oh, I can edit this post too?  So, maybe, just maybe, I could change that name.   LOL.   J/K  Congrats to Rhaeny on getting it!


Behold the Moderator's post manipulating power! :robottongue: You know, you could have possibly edited your post had you participated in the game before the result came out :smileyindifferent:

 

Valued Contributor
Rhaeny
Posts: 1,507
Registered: ‎07-24-2011
Re: Guess the cause of my score drop

HiLine wrote:

Rhaeny wrote:

Okay, I'll make a wild guess here.  One of your oldest accounts fell off and at the same time a new credit item with a balance appeared which reduced your AAoA and increased your utilization.


After going over all the scenarios pictured in this thread, some being pretty clever and creative, and some being very "realistic" :smileywink:, I think this one came the closest. So Rhaeny will be honored in my signature line for a whole month. Congrats! If you don't like the way it looks now, let me know what you would like to see. :catlol:

 


LOL! Okay I can't believe I guessed it.  I wish this had a "Lotto" flavor attached to it, but since it doesn't this is second best :smileyvery-happy:.

 

And the signature is just fine.  Thanks!


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Blogger
HiLine
Posts: 2,946
Registered: ‎10-19-2012
Re: Guess the cause of my score drop

Rhaeny wrote:

HiLine wrote:

Rhaeny wrote:

Okay, I'll make a wild guess here.  One of your oldest accounts fell off and at the same time a new credit item with a balance appeared which reduced your AAoA and increased your utilization.


After going over all the scenarios pictured in this thread, some being pretty clever and creative, and some being very "realistic" :smileywink:, I think this one came the closest. So Rhaeny will be honored in my signature line for a whole month. Congrats! If you don't like the way it looks now, let me know what you would like to see. :catlol:

 


LOL! Okay I can't believe I guessed it.  I wish this had a "Lotto" flavor attached to it, but since it doesn't this is second best :smileyvery-happy:.

 

And the signature is just fine.  Thanks!


Tried my best to make this a fun game. :catwink:

BTW, utilization does have a huge effect on FICO scores. By dropping utilization from 40% to 30%, I raised my Equifax FICO score by 15 points!

 

Blogger
HiLine
Posts: 2,946
Registered: ‎10-19-2012
Re: Guess the cause of my score drop
[ Edited ]

Since the day I wrote the original post, I have brought my score back up. Since November 28th my score has jumped 61 points! It's amazing how much scores can fluctuate in such a small time window... :smileysurprised:

Blogger
HiLine
Posts: 2,946
Registered: ‎10-19-2012
Re: Guess the cause of my score drop

Exactly one month after the huge score drop, my score has fully gained back the points, and some more! The total score increase since the tank is 65 points, netting a 9 points increase!