topic Re: This is why we will never understand... in Understanding FICO® Scoring

This is why we will never understand...

Anonymous — Thu, 05 Mar 2015 20:50:25 GMT

On 3/3 I received alerts from both EQ and EX regarding my auto loan closing...I gained 7 pts on each. For closing an account? No argument from me when I saw that.

Today...First thing this morning NEW auto loan alert from EX...up 24 point! I thought I hit the jackpot since I was obviously expecting a decrease for a new account. Then an alert came around lunchtime for EQ. Whoohooo I thought.....WRONG! Down 3 for the new auto loan reporting.

Now, I know what you all will say...it had to be something else that increased my score. But I checked both reports, and checked very throuoghly. Nothing changed on either except the one loan being PIF and the new loan reporting.

Re: This is why we will never understand...

racer-x — Thu, 05 Mar 2015 22:12:30 GMT

Here's the short answer that is just as good as any I've seen for scores being all over the place........'because.' lol

Re: This is why we will never understand...

Anonymous — Thu, 05 Mar 2015 22:30:00 GMT

When anyone else figures out this crazy score crap, let the rest of us know! By looking at all of the recent posts lately, I think we're all confused!

Re: This is why we will never understand...

racer-x — Thu, 05 Mar 2015 22:34:34 GMT

@Anonymous wrote:
When anyone else figures out this crazy score crap, let the rest of us know! By looking at all of the recent posts lately, I think we're all confused!

It's not us that's confused....we're getting bamboozled, shanghaid, the ole run around, shafted, pick and roll, scratch and sniff, potsie scheme or whatever. lol.

Re: This is why we will never understand...

Anonymous — Thu, 05 Mar 2015 23:00:51 GMT

@racer-x wrote:
@Anonymous wrote:
When anyone else figures out this crazy score crap, let the rest of us know! By looking at all of the recent posts lately, I think we're all confused!
It's not us that's confused....we're getting bamboozled, shanghaid, the ole run around, shafted, pick and roll, scratch and sniff, potsie scheme or whatever. lol.

lol

Re: This is why we will never understand...

Anonymous — Thu, 05 Mar 2015 23:10:20 GMT

But, it is not the alerted event that triggered it. Just the event that will show up...maybe 20 years in the future! You just can't see it yet!.....lol. I need my time machine.

Re: This is why we will never understand...

racer-x — Thu, 05 Mar 2015 23:37:06 GMT

Riiiight....and the alerts that we get dont actually represent the important data that actually changed that was the reason gor the score change.

We pay for alerts that are irrelevant and nit the reason gor score chamges. Lol

Re: This is why we will never understand...

Anonymous — Fri, 06 Mar 2015 18:23:03 GMT

Just like I close a line of credit and opened a new one in its place, my EX and TU went down and my EQ went up, idk

Re: This is why we will never understand...

NRB525 — Sat, 07 Mar 2015 02:40:41 GMT

@Anonymous wrote:
On 3/3 I received alerts from both EQ and EX regarding my auto loan closing...I gained 7 pts on each. For closing an account? No argument from me when I saw that.

Today...First thing this morning NEW auto loan alert from EX...up 24 point! I thought I hit the jackpot since I was obviously expecting a decrease for a new account. Then an alert came around lunchtime for EQ. Whoohooo I thought.....WRONG! Down 3 for the new auto loan reporting.

Now, I know what you all will say...it had to be something else that increased my score. But I checked both reports, and checked very throuoghly. Nothing changed on either except the one loan being PIF and the new loan reporting.

How far back did you check? What are your MyFICO scores from each bureau?