FICO Score Stress Indicators/Indexes

[Anonymous]

EQ FICO Resilience Index

Leaderboard as of September 29, 2020

Breaking News

CreditCuriosity has taken The Golden Chalice from K-in-Boston ! Dogbert is still KEEPER of The Golden Sword! for having the highest/worst score ever - a 76 ! Lulah is still sole possessor of the Gold Key with a score of 37 ! FICO issued a press release about this score and it triggered a flurry of articles in the mainstream press. The Washington Post published an article about this 'new score'. Plenty more articles on Google here. Lots of article authors are wondering if/when consumers will be able to obtain their score. (lol) The first score was submitted to this thread on March 29, 2020. New Podcast Interview: The Scores Vice President of FICO talks about the new FICO Resilience Index. This Resilience Index score is included with a myFICO subscription. It will be shown on the dashboard. And as always - lower rating (higher number) doesn't mean that person has a bad credit profile in any way. This score is really sensitive to balance amounts and it doesn't matter if you have a 600 or 850.

RECORD HOLDER & KEEPER OF THE GOLDEN SWORD!		EQ FICO RESILIENCE INDEX
Dogbert	76	04-03-2020

MEMBER NAME * denotes former award winner see bottom of post	SCORES	RED FLAGS	HIGH SCORE	DATE Click for Individual Profile Data
RESILIENT [1-44]
GOLD KEY WINNER
Lulah	37	0	37	07-24-2020
JWD1980	40	0	40	07-26-2020
Throckmorton's Wife	40	?	40	05-07-2020
LaHossBoss*	43	0	41	08-18-2020
tacpoly	43	0	43	08-14-2020
MODERATE [45-59]
FireMedic1	45	2	45	06-05-2020
PicoFico	45	2	45	04-30-2020
EW800	46	2	46	05-01-2020
Thomas_Thumb	48	2	48	04-07-2020
Tonya-E	47	2	47	08-07-2020
Trudy	49	2	49	06-12-2020
sjt	51	2	47	08-17-2020
Chris865 [OP]	52	2	52	05-23-2020
angelwingz	53	2	53	04-09-2020
KLEXH25	53	2	53	07-26-2020
Credit4Growth	54	2	54	07-30-2020
CassieCard	55	2	53	09-13-2020
LaHossBoss SO	55	2	52	08-18-2020
Flyingifr	56	2	56	07-21-2020
kilroy8	56	?	56	06-11-2020
TMB_	56	2	56	06-01-2020
sarge12	59	2	59	08-24-2020
SENSITIVE [60-69]
CreditObsessedinFL	60	2	56	09-29-2020
joeyv1985	62	2	62	09-13-2020
NRB525	63	2	63	04-06-2020
Remedios	63	2	63	06-06-2020
KEEPER OF THE GOLDEN SWORD
Dogbert*	64	2	64	06-25-2020
OmarGB9	64	2	64	08-22-2020
Revelate	65	2	63	06-14-2020
RehabbingANDBlabbing	66	2	66	03-29-2020
Birdman7	67	2	60	09-29-2020
Brian_Earl_Spilner	68	2	61	09-07-2020
Dumbee	68	2	56	09-11-2020
jayk1	69	?	69	09-05-2020
VERY SENSITIVE [70-99]
Kenro*	72	?	72	05-03-2020
"Customer of the Year" Poulet Frit Kentucky
K-in-Boston*	73	3	72	09-04-2020
GOLDEN CHALICE WINNER
CreditCuriosity	75	3	75	09-23-2020

* FORMER AWARD WINNERS *

MEMBER NAME	AWARD	TROPHY	FOR	DATE Click for Individual Profile Data
Dogbert	GOLDEN CHALICE		Lowest rating: 76	04-03-2020
JWD1980	GOLD KEY		Highest Rating: 40	07-26-2020
K-in-Boston	GOLDEN CHALICE		Lowest rating: 73	09-04-2020
Kenro	GOLDEN CHALICE		Lowest rating: 72	05-03-2020
Kenro	GOLDEN SWORD		Record Low Rating: 72	05-03-2020
LaHossBoss	GOLD KEY		Highest rating: 41	04-17-2020
Throckmorton's Wife	GOLD KEY		Highest Rating: 40	05-07-2020

All awards are from this game: Adventure (1980) (Atari 2600) Level 1 play through 

[GApeachy]

Yipee!

Red Flags

The following may increase your risk of missing payments in an economic downturn:

No installment loan activity

High percent of revolving accounts

Missed payments

How would me not having a loan and a loan payment cause hardship during a downturn?

How would me having a lot of available credit cause a burden?  I'm at <2% utilization according to Experian.

The one 30 day late I'm hoping the bank will correct. Pymt applied to principle instead of interest pymt.  2016 Hospital/broke leg/drugs...screw up. So error caught and corrected but not before this was reported.  Question: It's already been removed from Transunion and score is in the 780's, was 740's.  When this is removed from Exp. and Equifax hopefully this month, will this Resilience score lower- improve significantly? eta: Or is this scoring a bunch of hog wash?

Does anyone know of any lenders using such a score?  It seems off

[Anonymous]

---

@GApeachy wrote:

Yipee!

Red Flags

The following may increase your risk of missing payments in an economic downturn:

No installment loan activity

High percent of revolving accounts

Missed payments

How would me not having a loan and a loan payment cause hardship during a downturn?

How would me having a lot of available credit cause a burden?  I'm at <2% utilization according to Experian.

The one 30 day late I'm hoping the bank will correct. Pymt applied to principle instead of interest pymt.  2016 Hospital/broke leg/drugs...screw up. So error caught and corrected but not before this was reported.  Question: It's already been removed from Transunion and score is in the 780's, was 740's.  When this is removed from Exp. and Equifax hopefully this month, will this Resilience score lower- improve significantly? eta: Or is this scoring a bunch of hog wash?

Does anyone know of any lenders using such a score?  It seems off

---

@GApeachy In my opinion they don't want a high percentage of revolving accounts because it makes it possible for you to have more exposure and therefore you're a higher risk. They would prefer you have a couple low installment loans with known low payments rather than a bunch of open credit that could be used and result in a large monthly obligation    They would prefer few cards low balances, I think from what I have surmised.

Are lenders using? Who knows but fico is sending it to them along with the scores so they may or may not, no way to tell.

[coreysw12]

I only just now noticed there's a leaderboard for this score

I wanna join the fun!

I was a 62 last month, but this month:

I'm just a sensitive guy, what can I say.

My 2 flags are: High utilization (70% on the date of credit pull don't worry it's been paid down a lot since then) & credit mix (too many revolving).

[Anonymous]

@GApeachy I don't think it cares much about baddies from what I've seen. And I personally don't think it really makes much of a difference unless you're borderline. But these are all just my guesses and speculation, I can't produce any evidence or facts. 

[Anonymous]

@GApeachy: This particular FICO Resilience Index score uses data from Equifax only. The CEO of FICO said it would be coming to TransUnion and Experian 'later'. I don't know if that means we'll get a Resilience Index score for all 3 with our subscription.

If EQ gets rid of the late in October, I think it's very likely you'll score lower/better.

At a score of 73, you'll be joining an elite group! Everyone in it has at least 760 scores or better. K-in-Boston has 800's across the board.

The worst score we've seen was a 76 - Dogbert, First of His Name and Keeper of the Golden Sword! - and he recently got the lowest rate on a mortgage.

Very low balances seem to outweigh virtually everything - even multiple charge-offs and low 600's EQ 8 for a person with one of the best scores we've seen so far, a 41.

[coreysw12]

I feel like our resilience index should get bonus points if we've made it this far into an actual economic downturn without racking up any new debt or late payments.

[GApeachy]

Thanks @Anonymous makes sense.  Funny how no loan, no default probability during a downturn, but I do see how ppl like myself could max out a loc and default.  Equifax has my loc under Mortgage though...so it's odd that the Resilience score is showing no loan yet Eq lists my LOC for any EQ report as Mortgage/Heloc/Real Estate Loan.  

[GApeachy]

---

@Anonymous wrote:

At a score of 73, you'll be joining an elite group! Everyone in it has at least 760 scores or better. K-in-Boston has 800's across the board.

The worst score we've seen was a 76 - Dogbert, First of His Name and Keeper of the Golden Sword! - and he recently got the lowest rate on a mortgage.

---

Very Interesting!!!  That's all I care about anyway now....a low rate.  April will be my date with the LO.  Thanks for the explanation. 

[Anonymous]

---

@Anonymous wrote:

@GApeachy I don't think it cares much about baddies from what I've seen. And I personally don't think it really makes much of a difference unless you're borderline. But these are all just my guesses and speculation, I can't produce any evidence or facts. 

---

@Anonymous: Oh the evidence is there to back you up - look at Lulah (37) and LaHossBoss' (43, 41) profile data.

And the FICO CEO did say it would help lenders through better evaluation of edge cases. K-in-Boston certainly isn't an edge case, and neither are you. Now go get that new Freedom Flex that's all the rage with the kids these days. lol