topic Why the huge disparity? in Understanding FICO® Scoring

Why the huge disparity?

Sandman771 — Mon, 12 Jul 2021 03:36:25 GMT

Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

Re: Why the huge disparity?

pizzadude — Fri, 09 Jul 2021 01:02:40 GMT

What else is missing from the TU, EQ reports that's on EX ? Is your revolving utilization showing identically on all reports?

Re: Why the huge disparity?

Anonymous — Fri, 09 Jul 2021 01:44:34 GMT

I would say that the information on the reports isn't all created equal.

Re: Why the huge disparity?

Horseshoez — Fri, 09 Jul 2021 02:04:23 GMT

@Anonymous wrote:
I would say that the information on the reports isn't all created equal.

You beat me to the punch; all three of my credit reports show different accounts and different numbers of credit inquiries, one as few as 2, one as high as 8.

Re: Why the huge disparity?

Anonymous — Fri, 09 Jul 2021 05:39:44 GMT

And I bet you have some quite different scores?

Re: Why the huge disparity?

Sandman771 — Fri, 09 Jul 2021 13:56:01 GMT

@pizzadude wrote:
What else is missing from the TU, EQ reports that's on EX ? Is your revolving utilization showing identically on all reports?

I am not sure. I am going to look at them side by side here in a little bit and see what's what.

Re: Why the huge disparity?

Sandman771 — Fri, 09 Jul 2021 14:05:34 GMT

So I reviewed the data and there isn't anything that stands out other than one account is showing on EQ and EX but not on TU and it is derog. But it isn't bringing EQ down like it is EX. So here are the Auto and Card versions of my scores as well. Based on these photos I'm assuming there is something in my file that v. 9 does NOT like for EX. Not as bad for the other two.

This is AutoThis is for cards

Re: Why the huge disparity?

SouthJamaica — Mon, 12 Jul 2021 03:38:01 GMT

@Sandman771 wrote:
Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

The only way to find out is to compare the report data.

Re: Why the huge disparity?

Sandman771 — Mon, 12 Jul 2021 11:03:26 GMT

@SouthJamaica wrote:
@Sandman771 wrote:
Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

The only way to find out is to compare the report data.

The only differences between EX and EQ are inquiries. Maybe about 6. Everything else is identical. Matter of fact EX has two additional tradelines that are self-reported (utility and phone). Maybe FICO 9 is very inquiry-sensitive?

Re: Why the huge disparity?

LP007 — Wed, 14 Jul 2021 07:19:33 GMT

@Sandman771 wrote:
Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

I might start by seeing if the inquiries match. My Ex shows 4, but Eq & TU show 1.

Re: Why the huge disparity?

Sandman771 — Wed, 14 Jul 2021 10:54:50 GMT

@LP007 wrote:
@Sandman771 wrote:
Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

I might start by seeing if the inquiries match. My Ex shows 4, but Eq & TU show 1.

Yeah that is the only difference I can spot. I never new version 9 was so inquiry sensitive. It may not be just inquiry sensitive in general but inquiry sensitive with a somewhat dirty file as other versions are all very close in scoring +/- 15 points but just not 60 points difference. Just thought it was odd and sharing a data point with others. We shall see in october when EX gets much cleaner.

Re: Why the huge disparity?

sarge12 — Thu, 15 Jul 2021 16:58:30 GMT

@Sandman771 wrote:
@LP007 wrote:
@Sandman771 wrote:
Looking at these scores and all the profiles are the same. The lowest has the oldest AOOA. Can anyone explain such a disparate score. I can see ten to twenty points but 50?

I might start by seeing if the inquiries match. My Ex shows 4, but Eq & TU show 1.
Yeah that is the only difference I can spot. I never new version 9 was so inquiry sensitive. It may not be just inquiry sensitive in general but inquiry sensitive with a somewhat dirty file as other versions are all very close in scoring +/- 15 points but just not 60 points difference. Just thought it was odd and sharing a data point with others. We shall see in october when EX gets much cleaner.

It might have a lot to do with when or even if the various lenders report to each CRA. That can be all over the map. The lenders that pull from 1 CRA regularly might also report new data to that CRA in a more timely manner, and some lenders may not report to all 3 CRA's at all. I do not think they are legally required to do so, but are required to be accurate in what they do report. As the scores increase, they will become less extreme in the difference, but can still vary quite a bit. There seems to be some variance between how each CRA applies the alogorithm as well, so even exactly the same info reported on exactly the same day might yield different results. The alogorithms used are proprietary so nobody knows for sure what makes them differ. It is what it is!