@Anonymous wrote:
@Thomas_Thumb wrote:
Great progress!
Curious as to your latest 20 point bump. Wondering if you crossed any thresholds for AAoA or age of youngest account. Many posters have reported a bump in score at 2 years age for AAoA and one year for age of youngest account.
Can you fill in more details on your profile including # cards, # cards reporting a balance, current aggregate utiliization % and and age info?
I was wondering about this myself why all of a sudden I'd see a 20 point increase across the board to my scores. I checked my reports and my AAoA just hit the 2 year 5 month mark, so that may be the reason since everything else on my reports are clean.
I have the 4 cards listed in my signature, all of them are reporting a balance of 1-5% utilization currently, my overall utiliziation has remained at 2-7% for the past year, and I just turned 27 a week ago. Hope this helps.
Thanks for the follow-uo informatiom.
AAoA thresholds are full years so that does not explain the score jump. Perhaps your youngest or oldest account passed a integer threshold and/or inquiries reached 12 months age. See below relative to age factors and Fico score.
Length of credit history (15%)
In general, a longer credit history will increase your FICO® Scores. However, even people who haven't been using credit long may have high FICO Scores, depending on how the rest of the credit report looks.
Your FICO Scores take into account:
- how long your credit accounts have been established, including the age of your oldest account, the age of your newest account and an average age of all your accounts
- how long specific credit accounts have been established
- how long it has been since you used certain accounts
Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
