topic Re: Credit model score change rate in General Credit Topics

Credit model score change rate

Anonymous — Mon, 08 May 2017 23:41:27 GMT

Odd question I hope someone can answer. Do all FICO score models change at the same rate?

In other words, if FICO 8 increased 11 points, would all other models increase?

Re: Credit model score change rate

Anonymous — Mon, 08 May 2017 23:47:01 GMT

No. Each model is used for a specific purpose (mortgage, auto, etc) and each model gives different weights to different areas of your credit report.

Re: Credit model score change rate

Anonymous — Mon, 08 May 2017 23:51:31 GMT

Thanks for the reply.

I was 15 points away on EX98, which is used by Apix CU for the lowest refiance rate about a month ago. MYfico has increased 20 points since, just didn't want to waist a hard pull until I knew for sure. I give it a little longer. Too many pulls right now.

Re: Credit model score change rate

Anonymous — Mon, 08 May 2017 23:53:26 GMT

If all you care about is FICO08, you can do a pull using CCT for $1 and cancel within a week and get a second pull free.

Re: Credit model score change rate

SouthJamaica — Tue, 09 May 2017 02:00:38 GMT

@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?

No, not at all. My scores at this moment range from 696 to 838. They all behave differently.

Re: Credit model score change rate

Revelate — Tue, 09 May 2017 05:36:08 GMT

@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.

On the same bureau? Nuisance collection?

Re: Credit model score change rate

SouthJamaica — Tue, 09 May 2017 14:22:03 GMT

@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?

My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:

EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.

EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data	5/6/17
	EQ	TU	EX
AAOA (yrs, mos)	2yrs3mos	2yrs8mos	2yrs8mos
Cards reporting	4 of 29	7 of 29	7 of 29
Cards reporting %
Inq under 12 mos	5	5	18
Revolving util %	1%	1%	1%
Instalment bal/loan %	6.40%	6.40%	6.40%
Scoring model
FICO9	827	817	813
FICO8	785	804	783
FICO5 Mortgage	733	***	***
FICO4 Mortgage	***	753	***
FICO3	***	***	731
FICO2 Mortgage	***	***	723
Vantage 3.0
Auto9	833	825	822
Auto8	783	828	791
Auto5	729		***
Auto4	***	770	***
Auto2	***	***	741
Bankcard9	838	824	824
Bankcard8	803	838	818
Bankcard5	731	***	***
Bankcard4	***	755	***
Bankcard2	***		696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters

Re: Credit model score change rate

Revelate — Tue, 09 May 2017 16:03:35 GMT

@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?
My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:
EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.
EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data 5/6/17
EQ TU EX
AAOA (yrs, mos) 2yrs3mos 2yrs8mos 2yrs8mos
Cards reporting 4 of 29 7 of 29 7 of 29
Cards reporting %
Inq under 12 mos 5 5 18
Revolving util % 1% 1% 1%
Instalment bal/loan % 6.40% 6.40% 6.40%
Scoring model
FICO9 827 817 813
FICO8 785 804 783
FICO5 Mortgage 733 *** ***
FICO4 Mortgage *** 753 ***
FICO3 *** *** 731
FICO2 Mortgage *** *** 723
Vantage 3.0
Auto9 833 825 822
Auto8 783 828 791
Auto5 729 ***
Auto4 *** 770 ***
Auto2 *** *** 741
Bankcard9 838 824 824
Bankcard8 803 838 818
Bankcard5 731 *** ***
Bankcard4 *** 755 ***
Bankcard2 *** 696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters

Haha SJ, Finances > FICO and there's zero point to building a credit score if you never use it... so enjoy your success!

Bankcard though, sort of a whatever set of scores though it's a bit disheartening to see how low your mortgage scores are in general; I managed to break 720 on my own dirty file two years ago, and now I'm not certain if I can even reach that point when I'm clean on EX/EQ. On the flipside my TU Classic 04 which is arguably my dirtiest file (extra 30D late from 10/15, still hasn't deleted my 30/60D near 7 year lates, and my tax lien is still there too but zero scorable inquiries whereas both EX/EQ have too many to be ideal) is a 741 currently... somehow.

Unfortunately one bureau is not enough to UW a mortgage on, and there's no guaruntee as my 30/60 do drop off that my score will stay at that level, lost points as I got cleaner everywhere else on EX.

Re: Credit model score change rate

SouthJamaica — Tue, 09 May 2017 17:02:03 GMT

@Revelate wrote:
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?
My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:
EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.
EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data 5/6/17
EQ TU EX
AAOA (yrs, mos) 2yrs3mos 2yrs8mos 2yrs8mos
Cards reporting 4 of 29 7 of 29 7 of 29
Cards reporting %
Inq under 12 mos 5 5 18
Revolving util % 1% 1% 1%
Instalment bal/loan % 6.40% 6.40% 6.40%
Scoring model
FICO9 827 817 813
FICO8 785 804 783
FICO5 Mortgage 733 *** ***
FICO4 Mortgage *** 753 ***
FICO3 *** *** 731
FICO2 Mortgage *** *** 723
Vantage 3.0
Auto9 833 825 822
Auto8 783 828 791
Auto5 729 ***
Auto4 *** 770 ***
Auto2 *** *** 741
Bankcard9 838 824 824
Bankcard8 803 838 818
Bankcard5 731 *** ***
Bankcard4 *** 755 ***
Bankcard2 *** 696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters
Haha SJ, Finances > FICO and there's zero point to building a credit score if you never use it... so enjoy your success!

Thanks

Bankcard though, sort of a whatever set of scores though it's a bit disheartening to see how low your mortgage scores are in general;

I don't think you should draw any conclusions from, or be disheartened by, my mortgage scores; my record is absolutely bereft of any hint of a mortgage, past or present. I think the mortgage scores penalize me for not having a mortgage in there. It's not that I haven't had mortgages, FICO just doesn't remember the old ones and doesn't seem to be aware of my existing one.

I managed to break 720 on my own dirty file two years ago, and now I'm not certain if I can even reach that point when I'm clean on EX/EQ.

Now you know I don't like those words. Can't we way 'untouched' vs 'bruised', or something?

On the flipside my TU Classic 04 which is arguably my dirtiest file (extra 30D late from 10/15, still hasn't deleted my 30/60D near 7 year lates, and my tax lien is still there too but zero scorable inquiries whereas both EX/EQ have too many to be ideal) is a 741 currently... somehow.

Unfortunately one bureau is not enough to UW a mortgage on, and there's no guaruntee as my 30/60 do drop off that my score will stay at that level, lost points as I got cleaner everywhere else on EX.

You should write more letters, or engage someone to write them for you

Re: Credit model score change rate

Thomas_Thumb — Wed, 10 May 2017 02:22:10 GMT

@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?
My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:
EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.
EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data 5/6/17
EQ TU EX
AAOA (yrs, mos) 2yrs3mos 2yrs8mos 2yrs8mos
Cards reporting 4 of 29 7 of 29 7 of 29
Cards reporting %
Inq under 12 mos 5 5 18
Revolving util % 1% 1% 1%
Instalment bal/loan % 6.40% 6.40% 6.40%
Scoring model
FICO 9 827 817 813
FICO 8 785 804 783
FICO 04 733 *** ***
FICO 04 *** 753 ***
FICO 04 *** *** 731
FICO 98 *** *** 723
Vantage 3.0
Auto 9 833 825 822
Auto 8 783 828 791
Auto 04 729 ***
Auto 04 *** 770 ***
Auto 98 *** *** 741
Bankcard 9 838 824 824
Bankcard 8 803 838 818
Bankcard 04 731 *** ***
Bankcard 04 *** 755 ***
Bankcard 98 *** 696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters

SJ, Thanks for the data set.

Not really sure why your Fico 9 scores are higher than your Fico 8 scores (except your TU industry enhanced). My Fico 8 industry enhanced are higher than my Fico 9 enhanced. Two things I can think of are:

1) The threshold for account critical mass is higher on Fico 9 than Fico 8

2) Fico 9 penalizes short AAoA less than does Fico 8 and much less than does Fico 04 & Fico 98.

It kinda looks like the EX Fico 98 bankcard model is dinging your score much more for too many open accounts reporting a balance than do the other models. Yes, there is a factor for # accounts reporting balance a balance (as opposed to % reporting a balance).

- Also looks like your closed car loan and open SSL with low B/L are helping your Fico 8 & Fico 9 scores but offer no help on Fico 04 and Fico 98.

- Length of positive payment history on accounts carry more weight on the older models.

- There are strong indications that a short age of youngest account is progressively more "harmful" as the models progress backward from Fico 9 => Fico 8 => Fico => 04 => Fico 98. [BTW - what is your age of youngest account? My guess is under 6 months age & likely under 3 months]

Re: Credit model score change rate

SouthJamaica — Tue, 09 May 2017 17:57:37 GMT

@Thomas_Thumb wrote:
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?
My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:
EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.
EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data 5/6/17
EQ TU EX
AAOA (yrs, mos) 2yrs3mos 2yrs8mos 2yrs8mos
Cards reporting 4 of 29 7 of 29 7 of 29
Cards reporting %
Inq under 12 mos 5 5 18
Revolving util % 1% 1% 1%
Instalment bal/loan % 6.40% 6.40% 6.40%
Scoring model
FICO 9 827 817 813
FICO 8 785 804 783
FICO 04 733 *** ***
FICO 04 *** 753 ***
FICO 04 *** *** 731
FICO 98 *** *** 723
Vantage 3.0
Auto 9 833 825 822
Auto 8 783 828 791
Auto 04 729 ***
Auto 04 *** 770 ***
Auto 98 *** *** 741
Bankcard 9 838 824 824
Bankcard 8 803 838 818
Bankcard 04 731 *** ***
Bankcard 04 *** 755 ***
Bankcard 98 *** 696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters
SJ, Thanks for the data set.

Not really sure why your Fico 9 scores are higher than your Fico 8 scores (except TU industry enhanced) while my Fico 8 industry enhanced are higher than 9my Fico 9 enhanced. The only two things I can think of are:
1) The threshold for account critical mass is higher on Fico 9 than Fico 8
2) Fico 9 penalizes short AAoA less than does Fico 4 and much less than does Fico 04 & Fico 98.

I do have the impression that FICO 9 is more forgiving of the various 'newness' factors -- i.e. oldest account, youngest account, average age of accounts, recent inquiries, which are the big damper on my scores.

It kinda looks like the EX Fico 98 bankcard model is dinging your score much more for too many open accounts reporting a balance than do the other models.

Usually I have only 2 or 3 cards reporting a balance, & haven't noticed the scores being any different.

Yes, there is a factor for # accounts reporting balance a balance (as opposed to % reporting a balance).
- Also looks like your closed car loan and open SSL with low B/L are helping your Fico 8 & Fico 9 scores but offer no help on Fico 04 and Fico 98.
- Length of positive payment history on accounts carry more weight on the older models.
- A short length for age of youngest account may be progressively more "harmful" as the models progress backward from Fico 9 => Fico 8 => Fico => 04 => Fico 98. [BTW - what is your age of youngest account? My guess is under 6 months age & possibly 3 months]

You give me too much credit. Almost every month my youngest account is 1 month old.

Re: Credit model score change rate

Revelate — Wed, 10 May 2017 01:11:21 GMT

@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Anonymous wrote:
Odd question I hope someone can answer. Do all FICO score models change at the same rate?
In other words, if FICO 8 increased 11 points, would all other models increase?
No, not at all. My scores at this moment range from 696 to 838. They all behave differently.
On the same bureau? Nuisance collection?
My lowest score is EX Bankcard 2.

My highest scores are EQ Bankcard 9 and TU Bankcard 8.

There are no negatives of any kind on any of the bureaus.

They all have basically the same data on this report except that:
EQ has 5 less accounts, failing to report 5 accounts which closed 6 months to a year ago, one of which is one of my oldest cards.
EQ is not reporting the one substantial balance that reported, a $2750 balance.

Since the one overriding negative thing about my profile is its newness (recent accounts, recent inquiries, etc), I can only conclude that the Bankcard 2 model brutally punishes recent credit acquisition behavior.

3B Report Data 5/6/17
EQ TU EX
AAOA (yrs, mos) 2yrs3mos 2yrs8mos 2yrs8mos
Cards reporting 4 of 29 7 of 29 7 of 29
Cards reporting %
Inq under 12 mos 5 5 18
Revolving util % 1% 1% 1%
Instalment bal/loan % 6.40% 6.40% 6.40%
Scoring model
FICO9 827 817 813
FICO8 785 804 783
FICO5 Mortgage 733 *** ***
FICO4 Mortgage *** 753 ***
FICO3 *** *** 731
FICO2 Mortgage *** *** 723
Vantage 3.0
Auto9 833 825 822
Auto8 783 828 791
Auto5 729 ***
Auto4 *** 770 ***
Auto2 *** *** 741
Bankcard9 838 824 824
Bankcard8 803 838 818
Bankcard5 731 *** ***
Bankcard4 *** 755 ***
Bankcard2 *** 696

PS My already limited value as a test case will probably be going away for awhile. Due to my appraisal of the macroeconomic situation, and my personal microeconomic factors, and without regard to FICO scores, I've decided that now was the time for me to do some real world transactions that will no doubt lower my scores. Basically I've decided to finally take advantage of the positive growth in my credit scores to take care of some real world things. It's all good but it will be using up some of my FICO capital. Needless to say if my adventure does happen to teach any FICO lessons, however embarrassing they may be, I will report back to my FICO masters
Haha SJ, Finances > FICO and there's zero point to building a credit score if you never use it... so enjoy your success!

Thanks

Bankcard though, sort of a whatever set of scores though it's a bit disheartening to see how low your mortgage scores are in general;

I don't think you should draw any conclusions from, or be disheartened by, my mortgage scores; my record is absolutely bereft of any hint of a mortgage, past or present. I think the mortgage scores penalize me for not having a mortgage in there. It's not that I haven't had mortgages, FICO just doesn't remember the old ones and doesn't seem to be aware of my existing one.

I managed to break 720 on my own dirty file two years ago, and now I'm not certain if I can even reach that point when I'm clean on EX/EQ.

Now you know I don't like those words. Can't we way 'untouched' vs 'bruised', or something?

On the flipside my TU Classic 04 which is arguably my dirtiest file (extra 30D late from 10/15, still hasn't deleted my 30/60D near 7 year lates, and my tax lien is still there too but zero scorable inquiries whereas both EX/EQ have too many to be ideal) is a 741 currently... somehow.

Unfortunately one bureau is not enough to UW a mortgage on, and there's no guaruntee as my 30/60 do drop off that my score will stay at that level, lost points as I got cleaner everywhere else on EX.

You should write more letters, or engage someone to write them for you

Mortgage scores = the scores used to underwrite a mortgage.

It's just FICO 04/98 classic scores, not the mortgage industry option score which to my knowledge isn't used anywhere to UW any mortgage application unless it's from a portfolio lender we haven't heard of yet. There's no extra weight to having a mortgage, unlike FICO 8 AU which does appear to want you to have an open auto loan at least according to my reason codes on Transunion currently or at least a recent one, not entirely sure how that one is tracked.

It's not lost on me that even FICO doesn't publish the mortgage industry options in their myFICO product, which gives you an idea of how irrelevant they are heh.

Re: Credit model score change rate

Revelate — Wed, 10 May 2017 01:09:36 GMT

TT: my own scores tend to agree with the short history thing: FICO 9 < FICO 8/FICO 04/98 from penalty perspective; I'm not expecting that to change either once my negatives are gone.

I'm not certain where the FICO 8/04/98 line is drawn though, for a while my trimerge scores were ahead of my FICO 8 ones until I prettied up my installment utilization... now though with ugly installment utilization my FICO 8 scores are still higher everywhere except TU and the only salient difference between EX/EQ/TU besides inquiry distribution is I have one extra account on EX/EQ which appears to be a CFA... not sure if that's enough for a ~30-40 point swing (well less than that as I have 0 inquiries on TU which I know is worth at least 7 points on EQ Beacon 5 on my file, currently 742 on TU, <700 on both EQ/EX FICO 04) but it appears to be substantial on the older models.

I don't have the CFA tag anywhere on FICO 8 / FICO 9, not certain if that's just a lower weight or not even counted.

Anyway the FICO 8 increases could've been due to age of oldest account / AAOA changing over the past couple of years, whereas EQ Beacon 5.0 has been Dixie Flatlined as far as that algorithm goes.

Re: Credit model score change rate

Thomas_Thumb — Wed, 10 May 2017 03:26:21 GMT

@Revelate wrote:
Mortgage scores = the scores used to underwrite a mortgage.

It's just FICO 04/98 classic scores, not the mortgage industry option score which to my knowledge isn't used anywhere to UW any mortgage application unless it's from a portfolio lender we haven't heard of yet. There's no extra weight to having a mortgage, unlike FICO 8 AU which does appear to want you to have an open auto loan at least according to my reason codes on Transunion currently or at least a recent one, not entirely sure how that one is tracked.

It's not lost on me that even FICO doesn't publish the mortgage industry options in their myFICO product, which gives you an idea of how irrelevant they are heh.

I know there is a Fico 8 mortgage score that gained virtually no traction. It reportedly has 17 scorecards. I did post a score distribution graph of EX data for the model compared to Classic Fico 8 and some links to articles.

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/The-many-flavors-of-FICO-Editions-versions-and-variations/m-p/4553382#M107982

http://cashmoneylife.com/fico-8-mortgage-score-could-make-it-harder-to-get-approved/

Unrelated side notes:

1) EX Fico 04 is very stable - I only got it to drop from 830 one time (reported balances on 100% of open accounts => dropped to 811)

2) SJ appears to be addicted to opening new CC accounts and increasing aggregate CL. Will he slow down after going over $500,000 aggregate CL?

Re: Credit model score change rate

Revelate — Wed, 10 May 2017 03:47:50 GMT

@Thomas_Thumb wrote:
@Revelate wrote:
Mortgage scores = the scores used to underwrite a mortgage.

It's just FICO 04/98 classic scores, not the mortgage industry option score which to my knowledge isn't used anywhere to UW any mortgage application unless it's from a portfolio lender we haven't heard of yet. There's no extra weight to having a mortgage, unlike FICO 8 AU which does appear to want you to have an open auto loan at least according to my reason codes on Transunion currently or at least a recent one, not entirely sure how that one is tracked.

It's not lost on me that even FICO doesn't publish the mortgage industry options in their myFICO product, which gives you an idea of how irrelevant they are heh.
I know there is a Fico 8 mortgage score that gained virtually no traction. It reportedly has 17 scorecards. I did post a score distribution graph of EX data for the model compared to Classic Fico 8 and some links to articles.

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/The-many-flavors-of-FICO-Editions-versions-and-variations/m-p/4553382#M107982

http://cashmoneylife.com/fico-8-mortgage-score-could-make-it-harder-to-get-approved/

Unrelated side notes:
1) EX Fico 04 is very stable - I only got it to drop from 830 one time (reported balances on 100% of open accounts => dropped to 811)
2) SJ appears to be addicted to opening new CC accounts and increasing aggregate CL. Will he slow down after going over $500,000 aggregate CL?

Yeah, the mortgage industry options were marketed in FICO 8 though they don't seem to be a sellable product at Experian anymore; and if one is being developed for FICO 9 it's not been released yet.

There were a couple additional industry options that never quite caught on (IL, PF) in addition to the mortgage one, entirely possible FICO simply reduced the numbers of algorithms figuring the others weren't profitable.