@Anonymous
From Aug to Oct, for myself, I had a huge change from having an active installment loan to none.
Since I have SLs in rehab that will wrap up in Dec (which closed installment loans do not count for the resiliency score, but will once reinstated), I opted out of not getting another SSL. I figured, no need to take a new TL/AAoA hit just to bridge 3-5 months and it would even get paid down below 9% in that timeframe, so not really worth it, for me.
I went from having no flags to 2 flags and from "resilient" to "moderate":
Funny enough "missed payments" is now a flag. My last missed payments were over 3-4 years ago and during my time being rated "resilient", this was not a flag at all.
Now I have this flag crop up and I have no open and active installment loans and this was not a flag during my period of being "resilient" and while I had an open installment loan. I find it interesting that I am not being hit for "too many revolving accounts" or "credit mix".
So if you no longer have an open installment loan to rate, they consider your closed ones?
As you can see, my "resiliency score" went up (so my rating went down lol)
I am interested to see what changes in Dec-Feb when my SLs are rehabbed, active, and open.
One other note: my only CO on EQ aged off this month before the 3B pull and it made squat of difference in this score model or any other fico models lol
@Anonymous
SO has had a roller-coaster ride with scores, new accounts, and baddies aging off.
His score went down, but rating is still "moderate".
His previous flag of "too many AU accounts" (1 lol) has dropped and was replaced with "high revolving account balances", which is true. 62% revolving aggregate, 90% & 28% revolving individual, and 2% AU revolving individual util. He still has the same AU account reporting, so i guess they felt he did not deserve 3 flags? Makes no sense. Perhaps "moderate" ratings can't have 3 flags?
He is right on the cusp of "resilient", so I am very excited to see what paying down his util will do to this score.
I found it was interesting that the score went down. Only changes were a new charge card (care credit), disco was closed by grantor, and util went up. So this score decrease boggles my mind!
We have since paid down the util and I am about to do a 3B pull and get a new resiliency score tomorrow, but wanted to share September's score/reasons since there was a change in DPs.
I did not have the "high installment loan balances" flag while I had an open installment loan, so I am only guessing this is not because of his closed/defaulted SLs, but still from his Self Lender loan. It was at 52% util at the time of this 3B pull.
@Anonymous wrote:@Anonymous
From Aug to Oct, for myself, I had a huge change from having an active installment loan to none.
Since I have SLs in rehab that will wrap up in Dec (which closed installment loans do not count for the resiliency score, but will once reinstated), I opted out of not getting another SSL. I figured, no need to take a new TL/AAoA hit just to bridge 3-5 months and it would even get paid down below 9% in that timeframe, so not really worth it, for me.
I went from having no flags to 2 flags and from "resilient" to "moderate":
Funny enough "missed payments" is now a flag. My last missed payments were over 3-4 years ago and during my time being rated "resilient", this was not a flag at all.
Now I have this flag crop up and I have no open and active installment loans and this was not a flag during my period of being "resilient" and while I had an open installment loan. I find it interesting that I am not being hit for "too many revolving accounts" or "credit mix".
So if you no longer have an open installment loan to rate, they consider your closed ones?
As you can see, my "resiliency score" went up (so my rating went down lol)
I am interested to see what changes in Dec-Feb when my SLs are rehabbed, active, and open.
One other note: my only CO on EQ aged off this month before the 3B pull and it made squat of difference in this score model or any other fico models lol
@Anonymous it would make sense for the score to get worse when you close your only open loan because you're a higher risk, because you're more likely to be approved for a loan, imo. But what do you mean you didn't get any points anywhere for your only chargeoff aging off?
@Anonymous wrote:
@Anonymous wrote:@Anonymous
From Aug to Oct, for myself, I had a huge change from having an active installment loan to none.
Since I have SLs in rehab that will wrap up in Dec (which closed installment loans do not count for the resiliency score, but will once reinstated), I opted out of not getting another SSL. I figured, no need to take a new TL/AAoA hit just to bridge 3-5 months and it would even get paid down below 9% in that timeframe, so not really worth it, for me.
I went from having no flags to 2 flags and from "resilient" to "moderate":
Funny enough "missed payments" is now a flag. My last missed payments were over 3-4 years ago and during my time being rated "resilient", this was not a flag at all.
Now I have this flag crop up and I have no open and active installment loans and this was not a flag during my period of being "resilient" and while I had an open installment loan. I find it interesting that I am not being hit for "too many revolving accounts" or "credit mix".
So if you no longer have an open installment loan to rate, they consider your closed ones?
As you can see, my "resiliency score" went up (so my rating went down lol)
I am interested to see what changes in Dec-Feb when my SLs are rehabbed, active, and open.
One other note: my only CO on EQ aged off this month before the 3B pull and it made squat of difference in this score model or any other fico models lol
@Anonymous it would make sense for the score to get worse when you close your only open loan because you're a higher risk, because you're more likely to be approved for a loan, imo. But what do you mean you didn't get any points anywhere for your only chargeoff aging off?
I will double check again, but I am almost certain I got absolutely nothing for my only CO (paid) aging off EQ this month. It was only reporting to EQ. It was Cap One Auto, so an installment loan.
I am uncertain if the defaulted SLs come into play, which are about to age off while I finish the rehabs. So not sure if they are considered COs?
Regardless, I would have thought I would have received some sort of boost for that.
I knew my resiliency score would go up and rating down when the installment loan closed. My issues is I now have a flag for "installment loan balances too high" when this was not a flag previously and these are on closed installment loans (defaulted SLs). Which these technically have $0 balance since they were "transferred/assigned to govt" and the CAs reporting have the balance. So in my mind these are not installment loans, but CAs, as they are labeled/listed. Which makes no sense then.
EQ FICO Resilience Index Leaderboard as of October 26, 2020 |
Breaking News |
@Anonymous and SO trading places!
Welcome to the board, @CreditBones ! 46th member to share their score!
Dmessina666 reigns supreme with 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 !
|
General Information about this score |
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 SO | 44 | 0 | 44 | |
MODERATE [45-59] | ||||
| FireMedic1 | 45 | 2 | 45 | |
| PicoFico | 45 | 2 | 45 | |
| EW800 | 46 | 2 | 46 | |
| LP007 | 47 | 2 | 47 | |
| Tonya-E | 47 | 2 | 47 | |
| LaHossBoss* | 48 | 2 | 41 | |
| Thomas_Thumb | 48 | 2 | 48 | |
| jasonbourne84 | 49 | 2 | 49 | |
| Trudy | 49 | 2 | 49 | |
| BLM11 | 51 | 2 | 51 | |
| sjt | 51 | 2 | 47 | |
Chris865 [OP] | 52 | 2 | 52 | |
| angelwingz | 53 | 2 | 53 | |
| KLEXH25 | 53 | 2 | 53 | |
| Credit4Growth | 54 | 2 | 54 | |
| Face_Value | 54 | 2 | 54 | |
| CassieCard | 55 | 2 | 53 | |
| Flyingifr | 56 | 2 | 56 | |
| kilroy8 | 56 | ? | 56 | |
| TMB_ | 56 | 2 | 56 | |
| 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 | |
| Birdman7 | 64 | 2 | 60 | |
Dogbert* | 64 | 2 | 64 | |
| OmarGB9 | 64 | 2 | 64 | |
| Revelate | 65 | 2 | 63 | |
| RehabbingANDBlabbing | 66 | 2 | 66 | |
| Dumbee | 68 | 2 | 56 | |
| jayk1 | 69 | ? | 69 | |
VERY SENSITIVE [70-99] | ||||
CreditCuriosity* | 72 | 3 | 72 | |
jasonbourne84's DH | 72 | 3 | 72 | |
Kenro* | 72 | ? | 72 | |
K-in-Boston* | 73 | 3 | 72 | |
GApeachy | 74 | 3 | 73 | |
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!
@Anonymous wrote:His previous flag of "too many AU accounts" (1 lol) has dropped and was replaced with "high revolving account balances", which is true. 62% revolving aggregate, 90% & 28% revolving individual, and 2% AU revolving individual util. He still has the same AU account reporting [...]
Your SO has 3 CC (1 AU, and 2 own CC), correct?
This means that even at 1 AU CC out of 3 CC (33%) the "High % of AU accts" red flag 🚩 would still be triggered in the RI.
• In Oct 1, I was at 60% (3 AU out of 5 CC).
• Currently, I am at 43% (3 AU out of 7 CC).
• In November I should be at 33% (2 AU out of 6), because DW is closing a CC where I am AU.
But still then, at 33% I may still have that red flag 🚩
Darn it! 😣
AU: