topic Re: My First 850 on Transunion in General Credit Topics

My First 850 on Transunion

JLK93 — Sun, 14 Feb 2016 00:28:11 GMT

I just pulled my Transunion report today on Myfico 3B monitoring.

My Fico 9 score is 850.

My Fico 8 score is still 849. I'm hoping that my TU Fico 8 score goes to 850 next month when I have no more accounts with less than 6 months of age.

Last year I did have an 850 on Equifax with a few accounts less than 6 months old.

Re: My First 850 on Transunion

Anonymous — Sun, 14 Feb 2016 00:31:37 GMT

@oilcan12 wrote:
I just pulled my Transunion report today on Myfico 3B monitoring.

My Fico 9 score is 850.

My Fico 8 score is still 849. I'm hoping that my TU Fico 8 score goes to 850 next month when I have no more accounts with less than 6 months of age.

Last year I did have an 850 on Equifax with a few accounts less than 6 months old.

Very nice.. Congratulations

Re: My First 850 on Transunion

JLK93 — Sun, 14 Feb 2016 01:20:54 GMT

I just pulled Equifax and Experian reports. They are 850 also.

Equifax Fico 9 is 850 up from 839 on Fico 8

Experian Fico 9 is 850 up from 819 on Fico 8

Transunion Fico 9 is 850 up from 849 on Fico 8

That is a 31 point difference on Experian. I have 9 inquiries on Experian less than a year old.

Re: My First 850 on Transunion

s_haliz — Sun, 14 Feb 2016 01:39:12 GMT

That's great.....

Re: My First 850 on Transunion

Appleman — Sun, 14 Feb 2016 13:18:09 GMT

As the report says, you are Exceptional. Back in the day we would call you 'the curve buster!'.

Impressive.

Re: My First 850 on Transunion

Thomas_Thumb — Tue, 16 Feb 2016 13:34:50 GMT

@oilcan12 wrote:
I just pulled my Transunion report today on Myfico 3B monitoring.

My Fico 9 score is 850.

My Fico 8 score is still 849. I'm hoping that my TU Fico 8 score goes to 850 next month when I have no more accounts with less than 6 months of age.

Last year I did have an 850 on Equifax with a few accounts less than 6 months old.

Congratulations, impressive scores.

Would be curious to see a side by side comparison of all Fico 08 classic/enhanced scores to Fico 09 by CRA. Might be helpful in looking at scoring differences between the models.

Other than inquiry QTY, is anything else in your file that Fico 09 may be scoring differently than Fico 08? (# cards reporting, utilization %, installment loans open/closed).

Re: My First 850 on Transunion

JLK93 — Sat, 20 Feb 2016 21:41:35 GMT

@Thomas_Thumb wrote:

Congratulations, impressive scores.

Would be curious to see a side by side comparison of all Fico 08 classic/enhanced scores to Fico 09 by CRA. Might be helpful in looking at scoring differences between the models.

Other than inquiry QTY, is anything else in your file that Fico 09 may be scoring differently than Fico 08? (# cards reporting, utilization %, installment loans open/closed).

It seems like the scoring of inquiries is the most significant difference between Fico 8 and 9 for my profile. I have an installment loan paid down 90% that is boosting both Fico 8 and 9. My utilization is very low. Utilization is below 1% overall and much less than 5% on any card. I only have 2 or 3 cards out of 36 reporting balances, so I don't think that is a factor. Scoring of AAoA could possibly be somewhat different between Fico 8 and 9. It is possible that the 9.8 year AAoA on my EX and EQ reports and the 10 year AAoA on TU is a bigger factor on Fico 9 that Fico 8.

I have 1 account that is 5 months old. It will be interesting to see how in affects Fico 8 and 9 when it reaches 6 months.

I have 8 accounts that are less than 1 year old.

Experian

AAoA 9 years 9 months

9 inquiries in last year

Fico 8 Fico 9

Fico Classic 819 850

Auto Enhanced 821 864

Bankcard Enhanced 865 871

Equifax

AAoA 9 years 9 months

3 inquiries in last year

Fico 8 Fico 9

Fico Classic 839 850

Auto Enhanced 842 877

Bankcard Enhanced 864 877

Transunion

AAoA 10 years

0 inquiries in last year

Fico 8 Fico 9

Fico Classic 849 850

Auto Enhanced 876 889

Bankcard Enhanced 889 890

Re: My First 850 on Transunion

I-think-I-can — Sat, 20 Feb 2016 22:56:05 GMT

Your scores are outstanding! I would love to reach that level someday

Re: My First 850 on Transunion

Thomas_Thumb — Sun, 21 Feb 2016 01:48:41 GMT

@oilcan12 wrote:
@Thomas_Thumb wrote:

Congratulations, impressive scores.

Would be curious to see a side by side comparison of all Fico 08 classic/enhanced scores to Fico 09 by CRA. Might be helpful in looking at scoring differences between the models.

Other than inquiry QTY, is anything else in your file that Fico 09 may be scoring differently than Fico 08? (# cards reporting, utilization %, installment loans open/closed).
It seems like the scoring of inquiries is the most significant difference between Fico 8 and 9 for my profile. I have an installment loan paid down 90% that is boosting both Fico 8 and 9. My utilization is very low. Utilization is below 1% overall and much less than 5% on any card. I only have 2 or 3 cards out of 36 reporting balances, so I don't think that is a factor. Scoring of AAoA could possibly be somewhat different between Fico 8 and 9. It is possible that the 9.8 year AAoA on my EX and EQ reports and the 10 year AAoA on TU is a bigger factor on Fico 9 that Fico 8.

I have 1 account that is 5 months old. It will be interesting to see how in affects Fico 8 and 9 when it reaches 6 months.

I have 8 accounts that are less than 1 year old.

Experian
AAoA 9 years 9 months
9 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    819                                850
Auto Enhanced                                                               821                                864
Bankcard Enhanced                                                       865                                871

Equifax
AAoA 9 years 9 months
3 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    839                                 850
Auto Enhanced                                                               842                                 877
Bankcard Enhanced                                                       864                                 877

Transunion
AAoA 10 years
0 inquiries in last year
                                                                                     Fico 8                             Fico 9
Fico Classic                                                                    849                                 850
Auto Enhanced                                                               876                                 889
Bankcard Enhanced                                                       889                                 890

Thanks for the data. My enhanced scores reacted opposite of yours. I agree with your hypothesis that Fico 09 likely puts less weight (fewer points) on inquiries than Fico 08. That typically means increased weight (more points) allocated to another factor. I suspect increased weight is going toward revolving accounts in general and # revolvers reporting a balance in particular. Individual account utilization % may be receiving added weight as well.

Note: Fico 09 has added a 13th scorecard and it specifically states this card is allocated toward segmentation of revolving debt.

Side note: As I recall Fico 08 score summaries state high achievers have 3 or less revolvers reporting a balance. I saw a drop (in Fico 08 enhanced scores) going from 3 => 4 cards, no drop 4 => 5 cards & drop 5 => 6 cards. Aggregate utilization held under 4% in all cases.

Shown below is a side by side comparison of Fico 08 and Fico 09 enhanced scores I put together using your data and data from a 2nd source.

Fico Model	EQ Score	TU Score	EX Score	EQ Score	TU Score	EX Score
# inquiries	3	0	9	0	0	0
# cards Reporting bal	2 or 3	2 or 3	2 or 3	6 of 6	6 of 6	6 of 6
Auto 09	877	889	864	867	871	881
Auto 08	842	876	821	874	879	883
Diff (09 - 08)	35	13	43	-7	-8	-2
Bankcard 09	877	890	871	867	869	873
Bankcard 08	864	889	855	874	880	895
Diff (09 - 08)	13	1	16	-7	-11	-22

Re: My First 850 on Transunion

JLK93 — Sun, 21 Feb 2016 10:49:19 GMT

@Thomas_Thumb wrote:
@oilcan12 wrote:
@Thomas_Thumb wrote:

Congratulations, impressive scores.

Would be curious to see a side by side comparison of all Fico 08 classic/enhanced scores to Fico 09 by CRA. Might be helpful in looking at scoring differences between the models.

Other than inquiry QTY, is anything else in your file that Fico 09 may be scoring differently than Fico 08? (# cards reporting, utilization %, installment loans open/closed).
It seems like the scoring of inquiries is the most significant difference between Fico 8 and 9 for my profile. I have an installment loan paid down 90% that is boosting both Fico 8 and 9. My utilization is very low. Utilization is below 1% overall and much less than 5% on any card. I only have 2 or 3 cards out of 36 reporting balances, so I don't think that is a factor. Scoring of AAoA could possibly be somewhat different between Fico 8 and 9. It is possible that the 9.8 year AAoA on my EX and EQ reports and the 10 year AAoA on TU is a bigger factor on Fico 9 that Fico 8.

I have 1 account that is 5 months old. It will be interesting to see how in affects Fico 8 and 9 when it reaches 6 months.

I have 8 accounts that are less than 1 year old.

Experian
AAoA 9 years 9 months
9 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    819                                850
Auto Enhanced                                                               821                                864
Bankcard Enhanced                                                       865                                871

Equifax
AAoA 9 years 9 months
3 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    839                                 850
Auto Enhanced                                                               842                                 877
Bankcard Enhanced                                                       864                                 877

Transunion
AAoA 10 years
0 inquiries in last year
                                                                                     Fico 8                             Fico 9
Fico Classic                                                                    849                                 850
Auto Enhanced                                                               876                                 889
Bankcard Enhanced                                                       889                                 890

Thanks for the data. My enhanced scores reacted opposite of yours. I agree with your hypothesis that Fico 09 likely puts less weight (fewer points) on inquiries than Fico 08. That typically means increased weight (more points) allocated to another factor. I suspect increased weight is going toward revolving accounts in general and # revolvers reporting a balance in particular. Individual account utilization % may be receiving added weight as well.

Note: Fico 09 has added a 13th scorecard and it specifically states this card is allocated toward segmentation of revolving debt.

Side note: As I recall Fico 08 score summaries state high achievers have 3 or less revolvers reporting a balance. I saw a drop (in Fico 08 enhanced scores) going from 3 => 4 cards, no drop 4 => 5 cards & drop 5 => 6 cards. Aggregate utilization held under 4% in all cases.

Shown below is a side by side comparison of Fico 08 and Fico 09 enhanced scores I put together using your data and data from a 2nd source.

Fico Model EQ Score TU Score EX Score EQ Score TU Score EX Score
# inquiries 3 0 9 0 0 0
# cards Reporting bal 2 or 3 2 or 3 2 or 3 6 of 6 6 of 6 6 of 6
Auto 09 877 889 864 867 871 881
Auto 08 842 876 821 874 879 883
Diff (09 - 08) 35 13 43 -7 -8 -2
Bankcard 09 877 890 871 867 869 873
Bankcard 08 864 889 855 874 880 895
Diff (09 - 08) 13 1 16 -7 -11 -22

Thanks for the comparison and information. I have zero data points as to the effect the number of cards reporting has on Fico 08 enhanced scores. I've never seen my Fico 08 "classic" scores affected by less than approximately 5 or 6 cards reporting balances. I would imagine that the total number of cards is relevant. For example, 6 out of 6 would probably have a different effect than 6 out of 36.

Re: My First 850 on Transunion

Country_Feller — Sun, 21 Feb 2016 11:18:21 GMT

Awesome, Congratulations!!!

Re: My First 850 on Transunion

JLK93 — Sun, 21 Feb 2016 11:26:50 GMT

@oilcan12 wrote:
@Thomas_Thumb wrote:
@oilcan12 wrote:
@Thomas_Thumb wrote:

Congratulations, impressive scores.

Would be curious to see a side by side comparison of all Fico 08 classic/enhanced scores to Fico 09 by CRA. Might be helpful in looking at scoring differences between the models.

Other than inquiry QTY, is anything else in your file that Fico 09 may be scoring differently than Fico 08? (# cards reporting, utilization %, installment loans open/closed).
It seems like the scoring of inquiries is the most significant difference between Fico 8 and 9 for my profile. I have an installment loan paid down 90% that is boosting both Fico 8 and 9. My utilization is very low. Utilization is below 1% overall and much less than 5% on any card. I only have 2 or 3 cards out of 36 reporting balances, so I don't think that is a factor. Scoring of AAoA could possibly be somewhat different between Fico 8 and 9. It is possible that the 9.8 year AAoA on my EX and EQ reports and the 10 year AAoA on TU is a bigger factor on Fico 9 that Fico 8.

I have 1 account that is 5 months old. It will be interesting to see how in affects Fico 8 and 9 when it reaches 6 months.

I have 8 accounts that are less than 1 year old.

Experian
AAoA 9 years 9 months
9 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    819                                850
Auto Enhanced                                                               821                                864
Bankcard Enhanced                                                       865                                871

Equifax
AAoA 9 years 9 months
3 inquiries in last year
                                                                                      Fico 8                            Fico 9
Fico Classic                                                                    839                                 850
Auto Enhanced                                                               842                                 877
Bankcard Enhanced                                                       864                                 877

Transunion
AAoA 10 years
0 inquiries in last year
                                                                                     Fico 8                             Fico 9
Fico Classic                                                                    849                                 850
Auto Enhanced                                                               876                                 889
Bankcard Enhanced                                                       889                                 890

Thanks for the data. My enhanced scores reacted opposite of yours. I agree with your hypothesis that Fico 09 likely puts less weight (fewer points) on inquiries than Fico 08. That typically means increased weight (more points) allocated to another factor. I suspect increased weight is going toward revolving accounts in general and # revolvers reporting a balance in particular. Individual account utilization % may be receiving added weight as well.

Note: Fico 09 has added a 13th scorecard and it specifically states this card is allocated toward segmentation of revolving debt.

Side note: As I recall Fico 08 score summaries state high achievers have 3 or less revolvers reporting a balance. I saw a drop (in Fico 08 enhanced scores) going from 3 => 4 cards, no drop 4 => 5 cards & drop 5 => 6 cards. Aggregate utilization held under 4% in all cases.

Shown below is a side by side comparison of Fico 08 and Fico 09 enhanced scores I put together using your data and data from a 2nd source.

Fico Model EQ Score TU Score EX Score EQ Score TU Score EX Score
# inquiries 3 0 9 0 0 0
# cards Reporting bal 2 or 3 2 or 3 2 or 3 6 of 6 6 of 6 6 of 6
Auto 09 877 889 864 867 871 881
Auto 08 842 876 821 874 879 883
Diff (09 - 08) 35 13 43 -7 -8 -2
Bankcard 09 877 890 871 867 869 873
Bankcard 08 864 889 855 874 880 895
Diff (09 - 08) 13 1 16 -7 -11 -22
Thanks for the comparison and information. I have zero data points as to the effect the number of cards reporting has on Fico 08 enhanced scores. I've never seen my Fico 08 "classic" scores affected by less than approximately 5 or 6 cards reporting balances. I would imagine that the total number of cards is relevant. For example, 6 out of 6 would probably have a different effect than 6 out of 36.

I did actually just find a data point regarding # of cards reporting and enhanced scores.

For the scores I reported above, I actually had 2 cards reporting balances on EX and EQ and 4 cards reporting balances on TU. I just checked a TU report from December. That report had 2 cards reporting balances. The TU 08 enhanced scores with 2 cards reporting balances were identical to scores with 4 cards reporting balances.

So, for my profile it appears that more that 4 cards reporting balances is necessary to affect TU 08 enhanced scores.

Re: My First 850 on Transunion

Thomas_Thumb — Sun, 21 Feb 2016 11:58:42 GMT

Oilcan12:

My Fico 08 Classic and Fico 09 Classic scores remained at 850 with 6 of 6 cards reporting. The Classic scores have a large buffer at the top which makes the score somewhat immune to influence by minor factors.

I rely on the Enhanced Bankcard score (get it monthly from Citi) to evaluate impact of changes in factors. For me, the Enhanced 08 scores show sensitivity to factors that I can't see with Classic 08 scores. I used to think the open revolvers reporting a balance was primarily % of cards reporting. Recent articles I read suggest there may be count bins (kind of like inquiries - except the "zero reporting hit"). Regardless, impact of cards may be scorecard dependent.

Re: My First 850 on Transunion

Loquat — Tue, 23 Feb 2016 00:29:04 GMT

Awesome! Congrats on a job well done!