topic Re: Age of Oldest Revolving Account Data Points AoORA in Understanding FICO® Scoring

Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Mon, 23 Nov 2020 17:44:43 GMT

As per request of @Anonymous and hopefully new notes for @Anonymous it has been brought to my attention that this is New News and neat Data for people that have a revolving account hit 2 years, 2.5 year and in March 2021 I will be adding 3 year DP's if people want to follow and Remind me because I have Old Timerz XD.. (now on a side note there is a Score Card Reassignement for Oldest Account turning 3 years which may cause a Drop which I learned the hard way LOL) ((unless it's a revolver and then it's because of the oldest revolver metric)).

My oldest Revolver is my Ga's Own Credit Card from a local Credit Union at the 2 year mark of having it I had a 6 point GAIN on EX with No changes March 1st 2020 ((For the EQ and TU it is hard to say as they reported later in the month so for EQ there was a 5 point gain on the 13th and TU a 3 point gain on the 6th but I don't necessarily want to include those two as since they are later in the month it would have been after some things reported/updated and therefor could be factors in increase or decline not like if nothing changed))

...and for 2.5 years with NO CHANGES there was a 2 point GAIN on EX ((But again the same for EQ and TU they are reported later so it's hard to say if other things likely played in those changes with EQ dropping 1 point on the 5th and TU gaining 4 points on the 8th...again I would say take the EQ and TU with a grain of salt but just wanted to put my DP's for those but when I checked the EX there were NO shifts/changes for UTL, Inquiries, no address changes, no Balance shifts etc they both show the Same Details for the last day reporting to EX and the first reporting of the next month! for the 2 year and 2.5 year mark))

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Tue, 24 Nov 2020 02:58:21 GMT

@Girlzilla88 wrote:
As per request of @Anonymous and hopefully new notes for @Anonymous it has been brought to my attention that this is New News and neat Data for people that have a revolving account hit 2 years, 2.5 year and in March 2021 I will be adding 3 year DP's if people want to follow and Remind me because I have Old Timerz XD.. (now on a side note there is a Score Card Reassignement for Oldest Account turning 3 years which may cause a Drop which I learned the hard way LOL) ((unless it's a revolver and then it's because of the oldest revolver metric)).

My oldest Revolver is my Ga's Own Credit Card from a local Credit Union at the 2 year mark of having it I had a 6 point GAIN on EX with No changes March 1st 2020 ((For the EQ and TU it is hard to say as they reported later in the month so for EQ there was a 5 point gain on the 13th and TU a 3 point gain on the 6th but I don't necessarily want to include those two as since they are later in the month it would have been after some things reported/updated and therefor could be factors in increase or decline not like if nothing changed))

Thanks @Girlzilla88 for posting that data! I'm 1 week away from AoORA 2yr 0mo on December 1st, with AoOA at 3yr 0mo.

I have an Experian subscription with daily reports in addition to myFICO Premier with monthly 3Bs. I'm hoping that AoORA is the real trigger for the 3yr 0mo drops and that I'll see some score gains across most of the 28 FICO scores.

If I get the previously reported -20pt drops at AoOA 3yr 0mo, well....no big deal. I'm not looking to apply for anything for quite a while anyway.

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Tue, 24 Nov 2020 15:11:53 GMT

@Anonymous wrote:
@Girlzilla88 wrote:
As per request of @Anonymous and hopefully new notes for @Anonymous it has been brought to my attention that this is New News and neat Data for people that have a revolving account hit 2 years, 2.5 year and in March 2021 I will be adding 3 year DP's if people want to follow and Remind me because I have Old Timerz XD.. (now on a side note there is a Score Card Reassignement for Oldest Account turning 3 years which may cause a Drop which I learned the hard way LOL) ((unless it's a revolver and then it's because of the oldest revolver metric)).

My oldest Revolver is my Ga's Own Credit Card from a local Credit Union at the 2 year mark of having it I had a 6 point GAIN on EX with No changes March 1st 2020 ((For the EQ and TU it is hard to say as they reported later in the month so for EQ there was a 5 point gain on the 13th and TU a 3 point gain on the 6th but I don't necessarily want to include those two as since they are later in the month it would have been after some things reported/updated and therefor could be factors in increase or decline not like if nothing changed))
Thanks @Girlzilla88 for posting that data! I'm 1 week away from AoORA 2yr 0mo on December 1st, with AoOA at 3yr 0mo.

I have an Experian subscription with daily reports in addition to myFICO Premier with monthly 3Bs. I'm hoping that AoORA is the real trigger for the 3yr 0mo drops and that I'll see some score gains across most of the 28 FICO scores.

If I get the previously reported -20pt drops at AoOA 3yr 0mo, well....no big deal. I'm not looking to apply for anything for quite a while anyway.

@Anonymous When @Girlzilla88 's oldest account, a loan, hit 3 years, she saw a drop due to scorecard reassignment. We've seen it with both revolvers and loans being the oldest account turning 3 years old.

We also have the data points from you and calyx showing age of oldest revolving account being the oldest offers more points. We now have evidence of thresholds at 24 and 30 months for AoORA.

I posit you will experience scorecard reassignment, but again it doesn't necessarily mean a drop, its profile specific imo, and with your age of oldest revolver increasing, that's another factor that would increase your score in the grand scheme of all the increases and decreases that are combined in scorecard reassignment.

jmho.

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Tue, 24 Nov 2020 15:14:06 GMT

@Girlzilla88 congratulations on your increases!

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Tue, 24 Nov 2020 19:30:58 GMT

@Anonymous Yes as @Anonymous Stated I had a 28 point drop when my 3 year Oldest Account hit but that was in fact the Car Loan being my oldest. My Oldest Revolving will hit 3 years March 1st 2021.

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Wed, 25 Nov 2020 01:51:46 GMT

@Girlzilla88 wrote:
@Anonymous Yes as @Anonymous Stated I had a 28 point drop when my 3 year Oldest Account hit but that was in fact the Car Loan being my oldest. My Oldest Revolving will hit 3 years March 1st 2021.

@Girlzilla88: Oh now I see. You probably made that clear in the other thread and I missed it completely.

Was that car loan still open? If not, how long had it been closed?

My hopes and dreams of seeing score improvement next week have been crushed. Well, at least I'll be able to provide a report on the changes to all 28 FICO scores at AoOA 3yr 0mo.

I'm not sure if I can deal with EX 8 dropping -20pts. lol Costco liquor section here I come.

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Wed, 25 Nov 2020 19:14:35 GMT

@Anonymous It was closed off as I refinanced it December 2018, but it was Opened on November 2017. So the original only reports November 2017 to November 2018 and it closed out and the Refinanced one starts reporting December 2018 to current

And LMAO it really does depend on all that is on your information to I suppose, but keep in mind also my other ones like TU and EQ didn't really budge lol just EX took the big hit :/

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Mon, 01 Mar 2021 16:45:45 GMT

@Anonymous @Anonymous As Promised I haven't touched my Credit for new Card or CLI or anything and I tried my darndest to keep my UTL 66% the same (which it is still saying 66% today on EX) so it would stay even from Feb to March LOL. Inquiries look the same and I didn't pay off anything to make sure to keep changes to a minimal. My EX went up today by 2 Points XD *Mini Victory* So I believe that is the 3 year DP you were wanting for Revolving Account I will have to wait until the 14th or whenever the others update but for that it will be harder to tell since likely they will show up in the next 5-10 days so there may be other factors involved but at least we have a positive move for RA hitting 3 years

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Mon, 01 Mar 2021 20:35:21 GMT

@Girlzilla88 wrote:
@Anonymous @Anonymous As Promised I haven't touched my Credit for new Card or CLI or anything and I tried my darndest to keep my UTL 66% the same (which it is still saying 66% today on EX) so it would stay even from Feb to March LOL. Inquiries look the same and I didn't pay off anything to make sure to keep changes to a minimal. My EX went up today by 2 Points XD *Mini Victory* So I believe that is the 3 year DP you were wanting for Revolving Account I will have to wait until the 14th or whenever the others update but for that it will be harder to tell since likely they will show up in the next 5-10 days so there may be other factors involved but at least we have a positive move for RA hitting 3 years

@Girlzilla88 so it looks like 3 years isn't much of a threshold for age of oldest Revolving Account on your profile for EX anyway.

Further supports the scorecard change is age of oldest account though. Congratulations on the couple points though, every point counts and good job testing keeping everything consistent! Thank you for your contributions!

@Anonymous yeah looks like the 2-year age of oldest revolver is a much better award, which offset your scorecard change, I'm sure. I guess you don't have a lot to look forward to at 3 years age of oldest Revolving account though, unless the awards here were small being profile dependent. But we still got two more bureaus to go so...

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Mon, 01 Mar 2021 21:07:37 GMT

@Anonymous Np ^^

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Thu, 04 Mar 2021 17:49:50 GMT

@Anonymous @Anonymous My EQ went up today 3 points to 660. (Hard to say what's included) will update when TU finally updates for March but right now it's sitting at 670 last update 2/28

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Mon, 08 Mar 2021 16:19:49 GMT

@Anonymous @Anonymous The update on TU now shows for 3/03 but it's the Same 670 so I am assuming they are using the up data from the 28th?! Since my score did increase with nothing really changing up 5 points on the 28th??? If it updates in a few days with a jump I will add it here but since it is showing after March 1st it should have posted the change if it was for that reason correct?!

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Sat, 13 Mar 2021 05:15:30 GMT

Not sure

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Sun, 14 Mar 2021 16:43:05 GMT

@Anonymous @Anonymous So on the 12th I finally got another update for TU but it went up 6 points so now I'm at 676, but on the 10th that it did an update +0, on the 7th it did an update +0, on the 3rd +0, the only time before that there was an increase was the 28th with the +5 and I had made some changes after march paying down things of course so on the 12th it does mention that the 'total balance on all your bank cards have decreased.....' and while it doees mention those on the +0 ones as well I find it interesting on the 28th when there was a +5 increase it doesn't have any specific note it just says "Your FICO score has increased from 665 to 670" So idk?! Is it possible I got the March switch early for TU?!?!?!

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Sun, 14 Mar 2021 18:17:10 GMT

@Girlzilla88 wrote:
....I find it interesting on the 28th when there was a +5 increase it doesn't have any specific note it just says "Your FICO score has increased from 665 to 670" So idk?! Is it possible I got the March switch early for TU?!?!?!

That TU score change alert, dated February 28th, is due to aging.

I've seen that several times over the past 2yrs 3mos with my Premier subscription. The alert will be dated the last day of the previous month, and I'll get it around 1:30PM Eastern on the 1st.

All I have open on my file are 4 credit card accounts, and they close between the 2nd and 8th each month, so it isn't an update from them.

Re: Age of Oldest Revolving Account Data Points AoORA

Girlzilla88 — Sun, 14 Mar 2021 18:25:06 GMT

@Anonymous I knew it thanks for clearing that up

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Sun, 14 Mar 2021 23:33:11 GMT

I agree. The same thing has happened to me. I didn’t quite understand at first.

Re: Age of Oldest Revolving Account Data Points AoORA

Anonymous — Sun, 14 Mar 2021 23:33:41 GMT

Do we know which aging factor?