topic Re: TU has remained resiliant score wise in Understanding FICO® Scoring

TU has remained resiliant score wise

pizza1 — Thu, 02 Jan 2020 03:58:18 GMT

TU isnt broken, but moreso "tolerant" of my abuse over the year, lol...I can do anything to it...get new accounts, add 10 more inquiries, doesnt matter. I have so many other things that conteract the abuse, but crazy that it hasnt budged.

Re: TU has remained resiliant score wise

Revelate — Thu, 02 Jan 2020 13:37:21 GMT

Hey pizza!

Still have the BK on the file?

Derogatory scorecards don’t have a new accounts flag, and once you get past a certain number of inquiries you can’t lose anymore either.

I could beat my files like a rented mule and my scores wouldn’t move at all back in the days of my tax lien and the only penalty was when I crossed over an AAOA boundary and I know you have a slew of accounts to buffer any sort of change there.

I always thought it was a weird idiosyncrasy... I think FICO 9 changes that based on some limited data: I have reason codes for youngest revolver even with a 60D late on TU and I don’t see that on any other model in the classic scores.

Re: TU has remained resiliant score wise

pizza1 — Thu, 02 Jan 2020 18:40:03 GMT

@Revelate wrote:
Hey pizza!

Still have the BK on the file?

Derogatory scorecards don’t have a new accounts flag, and once you get past a certain number of inquiries you can’t lose anymore either.

I could beat my files like a rented mule and my scores wouldn’t move at all back in the days of my tax lien and the only penalty was when I crossed over an AAOA boundary and I know you have a slew of accounts to buffer any sort of change there.

I always thought it was a weird idiosyncrasy... I think FICO 9 changes that based on some limited data: I have reason codes for youngest revolver even with a 60D late on TU and I don’t see that on any other model in the classic scores.

Hey @Revelate , good to see again

Yes, BK is still on file (6.5 yrs old now), and as you know lots of inquiries, so many it doesnt matter anymore, LOL

Re: TU has remained resiliant score wise

NRB525 — Fri, 03 Jan 2020 01:40:39 GMT

So you're saying your BK goes away soon?

Re: TU has remained resiliant score wise

pizza1 — Fri, 03 Jan 2020 01:56:51 GMT

@NRB525 wrote:
So you're saying your BK goes away soon?

@NRB525 , hey! Long time no see.

I wouldn't say soon, but Im in the tail end of it. It offcially drops from all reports May 2023. Im trying to get any last inquires or cards by end of year, because I want as clean as profile as I possibly can when it does. So, I'll be really limiting inquiries/new accts this year and early part of next year.

Re: TU has remained resiliant score wise

iheartwings — Sat, 04 Jan 2020 20:44:17 GMT

@pizza1 wrote:
@Revelate wrote:
...
Still have the BK on the file?
...
Yes, BK is still on file (6.5 yrs old now), and as you know lots of inquiries, so many it doesnt matter anymore, LOL

I remember this all too well. My scores were in the 730s about 6.5 years from my BK7 and stayed there until late (like year 9 when they stared to creep up ever so slightly). It was such a slog to watch the fact that my scores never moving...

Re: TU has remained resiliant score wise

cem13 — Sun, 05 Jan 2020 04:10:37 GMT

@iheartwings wrote:

I remember this all too well. My scores were in the 730s about 6.5 years from my BK7 and stayed there until late (like year 9 when they stared to creep up ever so slightly). It was such a slog to watch the fact that my scores never moving...

My BK7 was filed in 01/2011. I followed the 'BK to 700 in 24 months' playbook and reached 700 in less that 2 years. They hovered between 700~730 from then on. Until......today. I jumped up to 750. I recently did a BT and reduced the number of cards with a balance.

I am sure the jump was not related to the BK7 aging. Although I will be asking for EE in July (6 months out).