@Brian_Earl_Spilner wrote:
@GApeachy wrote:@Brian_Earl_Spilner Rookie numbers, omg funny!
As a habitual pif'er I already stepped out of my comfort zone, turned around and pif'd a couple...kicking myself. Next month!
If you want to sit at the adult table you're gonna have to let some balances report.
Ha!!!!!!!!! Funny as all get-out! Thanks for the laugh!
Hello Cassie,
Looks like my resiliency score went from 62 to 58 on the latest report. WooHoo.
Added a FICO subscription for the first time in a while, and saw this delightful new measure - Resiliency.
Should I care? How much import is it given by lenders? Any impact to the FICO algorithms?
@expatCanuck wrote:Added a FICO subscription for the first time in a while, and saw this delightful new measure - Resiliency.
Should I care? How much import is it given by lenders? Any impact to the FICO algorithms?
- Should I Care? No, not really.
- How much import is it given by lenders? We have no idea if any lenders use it, or how much they care about it. It's speculated that it might be used as a "tiebreaker" when someone's credit teeters between risky/safe, but probably otherwise isn't used.
- Any impact to the FICO algorithms? No. It's a standalone score/product.
- My opinion which you didn't ask for but I'm giving you anyways: It's a useless score because it does not account for income or job security whatsoever. Someone who's been unemployed since they got laid off in 2007 and only gets money by robbing banks could have a better "resiliency score" than someone who's been at their career for 35 years and makes $400k salary. The lenders themselves are in a far superior position to speculate on your resiliency, since unlike FICO, they actually do have your income and employment history. So they almost certainly (in my opinion) do their own risk assessment and ignore this FICO resiliency score.
Total Loan Balance: $43k / $65k
Total SL: $78k
EQ FICO Resilience Index Leaderboard as of October 14, 2020 |
Breaking News |
@GApeachy and @joeyv1985 makin' a move!
Dmessina666 reigns supreme with the The Golden Chalice and The Golden Sword !!!
tacpoly wins The Bat award for scoring a 39 with an EQ 8 850!
Lulah is still sole possessor of the Gold Key with a score of 37 !
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 |
| |
Dmessina666 | 78 |
MEMBER NAME | SCORES | RED | HIGH | DATE |
RESILIENT [1-44] | ||||
GOLD KEY WINNER |
| |||
Lulah | 37 | 0 | 37 | |
juggernaut9 | 38 | 0 | 38 | |
THE BAT |
| |||
tacpoly [EQ 8 850] | 39 | 0 | 39 | |
JWD1980 | 40 | 0 | 40 | |
Throckmorton's Wife* | 40 | ? | 40 | |
| LaHossBoss* | 43 | 0 | 41 | |
MODERATE [45-59] | ||||
| FireMedic1 | 45 | 2 | 45 | |
| PicoFico | 45 | 2 | 45 | |
| EW800 | 46 | 2 | 46 | |
| Thomas_Thumb | 48 | 2 | 48 | |
| Tonya-E | 47 | 2 | 47 | |
| jasonbourne84 | 49 | 2 | 49 | |
| Trudy | 49 | 2 | 49 | |
| sjt | 51 | 2 | 47 | |
Chris865 [OP] | 52 | 2 | 52 | |
| angelwingz | 53 | 2 | 53 | |
| KLEXH25 | 53 | 2 | 53 | |
| Credit4Growth | 54 | 2 | 54 | |
| CassieCard | 55 | 2 | 53 | |
| LaHossBoss SO | 55 | 2 | 52 | |
| Flyingifr | 56 | 2 | 56 | |
| kilroy8 | 56 | ? | 56 | |
| TMB_ | 56 | 2 | 56 | |
| Face_Value | 57 | 2 | 57 | |
| joeyv1985 | 58 | 2 | 58 | |
| sarge12 | 59 | 2 | 59 | |
SENSITIVE [60-69] | ||||
| coreysw12 | 60 | 2 | 60 | |
| CreditObsessedinFL | 60 | 2 | 56 | |
| NRB525 | 63 | 2 | 63 | |
| Remedios | 63 | 2 | 63 | |
Dogbert* | 64 | 2 | 64 | |
| OmarGB9 | 64 | 2 | 64 | |
| Revelate | 65 | 2 | 63 | |
| RehabbingANDBlabbing | 66 | 2 | 66 | |
| Birdman7 | 67 | 2 | 60 | |
| Dumbee | 68 | 2 | 56 | |
| jayk1 | 69 | ? | 69 | |
VERY SENSITIVE [70-99] | ||||
jasonbourne84's DH | 72 | 3 | 72 | |
Kenro* | 72 | ? | 72 | |
K-in-Boston* | 73 | 3 | 72 | |
GApeachy | 74 | 3 | 73 | |
CreditCuriosity* | 75 | 3 | 75 | |
Brian_Earl_Spilner* | 76 | 3 | 76 | |
GOLDEN CHALICE WINNER AND |
|
| ||
Dmessina666 | 78 | 3 | 78 |
* FORMER AWARD WINNERS * |
MEMBER NAME | AWARD | TROPHY | FOR | DATE |
Brian_Earl_Spilner | GOLDEN CHALICE |
| Lowest rating: 76 | |
Brian_Earl_Spilner | GOLDEN SWORD |
| Record Low Rating: 76 | |
CreditCuriosity | GOLDEN CHALICE |
| Lowest rating: 75 | |
Dogbert | GOLDEN CHALICE |
| Lowest rating: 76 | |
Dogbert | GOLDEN SWORD |
| Record Low Rating: 76 | |
JWD1980 | GOLD KEY |
| Highest Rating: 40 | |
K-in-Boston | GOLDEN CHALICE |
| Lowest rating: 73 | |
Kenro | GOLDEN CHALICE |
| Lowest rating: 72 | |
Kenro | GOLDEN SWORD |
| Record Low Rating: 72 | |
LaHossBoss | GOLD KEY |
| Highest rating: 41 | |
Throckmorton's Wife | GOLD KEY |
| Highest Rating: 40 |
All awards are from this game: Adventure (1980) (Atari 2600) Level 3 play through
The Bat is awarded for best EQ 8 score with lowest Resilience Index score. The bat can fly away with any award - even a dragon!
Here's my update this month:
- Aggregate balance increase: +$314 ($1109 to $1423)
- Aggregate percentage increase: +1% (3% to 4%)
- Number of accounts with balances: -1 (from 3-of-4 to 2-of-4 revolving)
Nothing changed this month from last - same 55, same 2 red flags.
Welp, this is what non-member posts look like...
You're looking OK
Your credit may be stable in the event of an economic downturn.
47
Based on Equifax data10/07/2020
Red Flags
The following may increase your risk of missing payments in an economic downturn:
High installment loan balances
High revolving account balances
