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Posts: 16,187
Registered: ‎03-12-2007
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?
Here are a couple of High Achiever credit files. Interesting, it's my credit history length, average-age of accounts and inqs that have set me back quite a bit with EX. With the first two, there's not much I can do.
 
FICO Scores:
 
EQ: 777
EX:  734
TU:  792
 
EQ Report (777):
overall revolving utilization is 9% (< 10%)
credit history length 28.5 years
average-age of accounts is 6 years
0 inqs
no lates and no other derogs
 
14 total trade lines
 
9 open trade lines:
1 unsecured loan 10K/bal 6.8K
1 BoA unsecured LOC 26.5K CL/ bal 5211
Amex Blue 20K/bal 0
Amex Plat
Chase Visa 19.3K/bal 1871
Discover Motiva 10K (suppose to be 50K)/bal 0
FIA Fidelity Visa 25K/bal 2521
First Hawaiian Bank Visa 10K/bal 0
Macy's Gold 2.7K/bal 0
 
5 closed trade lines
1 auto loan paid and closed; never late
1 unsecured loan paid and closed; never late
Amex Gold AU account $0 bal; never late
Amex Gold account (dupe account); never late
CITI Dividends MC $0 bal; never late
 
EX Report (734):
overall revolving utilization is 9% (< 10%)
credit history length is 14.5 years
average-age of accounts < 3 years
3 inqs
no lates and no other derogs
 
13 total trade lines
 
9 open trade lines:
1 unsecured loan 10K/bal 6.8K
1 BoA unsecured LOC 26.5K CL/ bal 5211
Amex Blue 20K/bal 0
Amex Plat
Chase Visa 19.3K/bal 1871
Discover Motiva 10K (suppose to be 50K)/bal 0
FIA Fidelity Visa 25K/bal 2521
First Hawaiian Bank Visa 10K/bal 0
Macy's Gold 2.7K/bal 0
 
4 closed trade lines
1 auto loan paid and closed; never late
1 unsecured loan paid and closed; never late
Amex Gold account (dupe account); never late
CITI Dividends MC $0 bal; never late
 
TU Report (792):
overall revolving utilization is 9% (< 10%)
credit history length 28.5 years
average-age of accounts is 6 years
0 inqs
no lates and no other derogs
 
14 total trade lines
 
9 open trade lines:
1 unsecured loan 10K/bal 6.8K
1 BoA unsecured LOC 26.5K CL/ bal 5211
Amex Blue 20K/bal 0
Amex Plat
Chase Visa 19.3K/bal 1871
Discover Motiva 10K (suppose to be 50K)/bal 0
FIA Fidelity Visa 25K/bal 2134
First Hawaiian Bank Visa 10K/bal 0
Macy's Gold 2.7K/bal 0
 
5 closed trade lines
1 auto loan paid and closed; never late
1 unsecured loan paid and closed; never late
Amex Gold AU account $0 bal; never late
Amex Gold account (dupe account); never late
CITI Dividends MC $0 bal; never late
 
The differences in scores is big and here is why:
 
- EX has a credit history length of 14.5 years comapred to EQ and TU which is 28 years 5 months
  (estimated loss in points is 10-15)
 
- EX average-age of accounts is < 3 years compared to EQ and TU which is 6 years 
  (estimated loss in points is 15+)
 
- EX has 3 inqs compared with EQ and TU which have 0 inqs
  ( estimated loss in points is 15-20)
 
I think these differences account for at least 40-55 points.