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FICO Score Stress Indicators/Indexes

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Valued Contributor

Re: FICO Score Stress Indicators/Indexes

@CassieCard 

 

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":

 

 

Screenshot_20201025-223433_myFICO.jpg

 

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.

 

Screenshot_20201025-223307_myFICO.jpg

 

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




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 11•20 | EQ [F8 599] [F9 653] [EQ5 645] [VS3 645] | TU [F8 598] [F9 552] [TU4 563] [VS3 627] | EX [F8 584] [F9 573] [EX2 614] [VS3 631]
Goal Score: 680


Take the myFICO Fitness Challenge

SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 11•20 | EQ [F8 612] [F9 540] [EQ5 599] [VS3 556] | TU [F8 635] [F9 587] [TU4 608] [VS3 655] [VS4 634] | EX [F8 654] [F9 614] [EX2 634] [VS3 657]
Goal Score: 680


Take the myFICO Fitness Challenge



Message 701 of 744
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Valued Contributor

Re: FICO Score Stress Indicators/Indexes

@CassieCard 

 

SO has had a roller-coaster ride with scores, new accounts, and baddies aging off.

 

His score went down, but rating is still "moderate".

 

Screenshot_20201025-223206_myFICO.jpg

 

 

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.




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 11•20 | EQ [F8 599] [F9 653] [EQ5 645] [VS3 645] | TU [F8 598] [F9 552] [TU4 563] [VS3 627] | EX [F8 584] [F9 573] [EX2 614] [VS3 631]
Goal Score: 680


Take the myFICO Fitness Challenge

SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 11•20 | EQ [F8 612] [F9 540] [EQ5 599] [VS3 556] | TU [F8 635] [F9 587] [TU4 608] [VS3 655] [VS4 634] | EX [F8 654] [F9 614] [EX2 634] [VS3 657]
Goal Score: 680


Take the myFICO Fitness Challenge



Message 702 of 744
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Valued Contributor

Re: FICO Score Stress Indicators/Indexes

@LaHossBoss: Wow, 2 great reports!

 

A lot of people that took out loans for that 'high amount' (whatever the $ value is)  must have ended up in the 'bad' category. I guess open/closed didn't matter.

 

That's sort of like the CFA (Consumer Finance Account) reason statement explanation:

"The fact that you have a consumer finance company loan on your credit report means that you represent a higher risk to lenders than someone with no consumer finance loans. Even if this account is closed, it will still lower your FICO® Score."

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

Keeper of the Scrolls of ResilienceEQ FICO Resilience Index Score Leaderboard

48 forum members have shared this new credit score. Share yours today!

Message 703 of 744
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Super Contributor

Re: FICO Score Stress Indicators/Indexes


@LaHossBoss wrote:

@CassieCard 

 

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":

 

 

Screenshot_20201025-223433_myFICO.jpg

 

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.

 

Screenshot_20201025-223307_myFICO.jpg

 

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


@LaHossBoss 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?

-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Oct 2020 New Account Scorecard.Nov 2020, No New Account Scorecard (reassignment conflated with aging. EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 704 of 744
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Valued Contributor

Re: FICO Score Stress Indicators/Indexes


@Birdman7 wrote:

@LaHossBoss wrote:

@CassieCard 

 

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":

 

 

Screenshot_20201025-223433_myFICO.jpg

 

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.

 

Screenshot_20201025-223307_myFICO.jpg

 

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


@LaHossBoss 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.




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 11•20 | EQ [F8 599] [F9 653] [EQ5 645] [VS3 645] | TU [F8 598] [F9 552] [TU4 563] [VS3 627] | EX [F8 584] [F9 573] [EX2 614] [VS3 631]
Goal Score: 680


Take the myFICO Fitness Challenge

SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 11•20 | EQ [F8 612] [F9 540] [EQ5 599] [VS3 556] | TU [F8 635] [F9 587] [TU4 608] [VS3 655] [VS4 634] | EX [F8 654] [F9 614] [EX2 634] [VS3 657]
Goal Score: 680


Take the myFICO Fitness Challenge



Message 705 of 744
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Super Contributor

Re: FICO Score Stress Indicators/Indexes

Yeah I would’ve thought you’d have earned points, too. Do you have any collections present?
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Oct 2020 New Account Scorecard.Nov 2020, No New Account Scorecard (reassignment conflated with aging. EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 706 of 744
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Valued Contributor

Re: FICO Score Stress Indicators/Indexes


@Birdman7 wrote:
Yeah I would’ve thought you’d have earned points, too. Do you have any collections present?

Yes, 4, all unpaid.

 

So I combed through myFico 3B pull for Sept and Oct and these are the changes in my EQ scores:

 

F8: 614 > 615 (+1)

F9: 653 > 653 (+/-0)

EQ5: 645 > 645 (+/-0)

A5: 650 > 659 (+9)

A8: 611 > 636 (+25)

A9: 641 > 641 (+/-0)

B8: 614 > 615 (+1)

B5: 659 > 659 (+/-0)

BS 9: 663 > 663 (+/-0)

 

So look like really only auto enhnaced scores improved, which makes sense a bit since it was an auto loan CO. I guess A8 really liked it. Mind you I previously had even higher scores than these when I had my installment loan <9% util reporting until it was paid off and closed. At least no scores went down.

 

There were no other reported changes to EQ, unless there were age factors. AoYA/R is now 7 months old and the other two aged to 8 months old, so I would think any age points would have been gained last month, if that is a thing on a dirty scorecard. AZEO and single bank revolver reporting 2% util, as usual. AAoA = 9yr and AoOA = 15yr 5mo. AAoA went down, I assume due to the removal of the CO. AAoA last month was 9yr 2mo.

 

Sorry to go off on a tangent in this thread.

 

@CassieCard :

 

While I am here, I can also update you on my SO's resiliency score.

 

I did my SO's 3B pull and funny enough: he is now magically resilient!!! score went down to 44 and he ranked up!

 

*AND* he no longer has "high installment loan balances" or "high revolving balances".

 

The second flag removal is vaild, but this does confirm one thing for me: If he supposedly now no longer has "high installment loan balances", then it is not including his defaulted SLs. Or maybe not? He now has 43% util reporting to EQ for his Self Lender loan.

 

So, is his being under 50% util on installment loan a "thing" for resiliency scoring *or* does being "resilient" mean having no flags whether true or not? He still has the same AU account that he previously had been flagged for....I guess only EQ and Fico know....




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 11•20 | EQ [F8 599] [F9 653] [EQ5 645] [VS3 645] | TU [F8 598] [F9 552] [TU4 563] [VS3 627] | EX [F8 584] [F9 573] [EX2 614] [VS3 631]
Goal Score: 680


Take the myFICO Fitness Challenge

SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 11•20 | EQ [F8 612] [F9 540] [EQ5 599] [VS3 556] | TU [F8 635] [F9 587] [TU4 608] [VS3 655] [VS4 634] | EX [F8 654] [F9 614] [EX2 634] [VS3 657]
Goal Score: 680


Take the myFICO Fitness Challenge



Message 707 of 744
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Super Contributor

Re: FICO Score Stress Indicators/Indexes


@LaHossBoss wrote:

@Birdman7 wrote:
Yeah I would’ve thought you’d have earned points, too. Do you have any collections present?

Yes, 4, all unpaid.

 

So I combed through myFico 3B pull for Sept and Oct and these are the changes in my EQ scores:

 

F8: 614 > 615 (+1)

F9: 653 > 653 (+/-0)

EQ5: 645 > 645 (+/-0)

A5: 650 > 659 (+9)

A8: 611 > 636 (+25)

A9: 641 > 641 (+/-0)

B8: 614 > 615 (+1)

B5: 659 > 659 (+/-0)

BS 9: 663 > 663 (+/-0)

 

So look like really only auto enhnaced scores improved, which makes sense a bit since it was an auto loan CO. I guess A8 really liked it. Mind you I previously had even higher scores than these when I had my installment loan <9% util reporting until it was paid off and closed. At least no scores went down.

 

There were no other reported changes to EQ, unless there were age factors. AoYA/R is now 7 months old and the other two aged to 8 months old, so I would think any age points would have been gained last month, if that is a thing on a dirty scorecard. AZEO and single bank revolver reporting 2% util, as usual. AAoA = 9yr and AoOA = 15yr 5mo. AAoA went down, I assume due to the removal of the CO. AAoA last month was 9yr 2mo.

 

Sorry to go off on a tangent in this thread.

 

@CassieCard :

 

While I am here, I can also update you on my SO's resiliency score.

 

I did my SO's 3B pull and funny enough: he is now magically resilient!!! score went down to 44 and he ranked up!

 

*AND* he no longer has "high installment loan balances" or "high revolving balances".

 

The second flag removal is vaild, but this does confirm one thing for me: If he supposedly now no longer has "high installment loan balances", then it is not including his defaulted SLs. Or maybe not? He now has 43% util reporting to EQ for his Self Lender loan.

 

So, is his being under 50% util on installment loan a "thing" for resiliency scoring *or* does being "resilient" mean having no flags whether true or not? He still has the same AU account that he previously had been flagged for....I guess only EQ and Fico know....


@LaHossBoss I believe it's due to collections due to the PR card.

 

no, AoYRA is not a thing in dirty cards, I don't think % of revolvers with a bal is either. Utilization is weighted far less. 

And, maybe resilience has different scorecards too, maybe that's why the flag isn't showing. 

-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Oct 2020 New Account Scorecard.Nov 2020, No New Account Scorecard (reassignment conflated with aging. EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 708 of 744
Valued Contributor

Re: FICO Score Stress Indicators/Indexes

EQ FICO Resilience Index

Leaderboard as of October 26, 2020

Breaking News

 

@LaHossBoss 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

  • FICO issued a press release about this score and it triggered a flurry of articles in the press.
  • The Washington Post published an article about this 'new score'.
  • Plenty more articles on Google here.
  • Many 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: A VP of Scores at 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!

golden-sword.png

EQ FICO RESILIENCE INDEX

Dmessina666

78

09-17-2020

 

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

gold-key.png

Lulah

37

0

37

07-24-2020

juggernaut9

38

0

38

10-07-2020

THE BAT

bat.png

tacpoly [EQ 8 850]

39

0

39

10-04-2020

JWD1980

40

0

40

07-26-2020

Throckmorton's Wife*

40

?

40

05-07-2020

LaHossBoss SO

44

0

44

10-26-2020

MODERATE [45-59]

FireMedic1

45

2

45

06-05-2020

PicoFico

45

2

45

04-30-2020

EW800

46

2

46

05-01-2020

LP007

47

2

47

10-07-2020

Tonya-E

47

2

47

08-07-2020

LaHossBoss*

48

2

41

10-19-2020

Thomas_Thumb

48

2

48

04-07-2020

jasonbourne84

49

2

49

10-08-2020

Trudy

49

2

49

06-12-2020

BLM11

51

2

51

10-01-2020

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

Face_Value

54

2

54

10-17-2020

CassieCard

55

2

53

10-14-2020

Flyingifr

56

2

56

07-21-2020

kilroy8

56

?

56

06-11-2020

TMB_

56

2

56

06-01-2020

joeyv1985

58

2

58

10-13-2020

sarge12

59

2

59

08-24-2020

SENSITIVE [60-69]

coreysw12

60

2

60

10-17-2020

CreditObsessedinFL

60

2

56

09-29-2020

NRB525

63

2

63

04-06-2020

Remedios

63

2

63

06-06-2020

Birdman7

64

2

60

10-20-2020

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

Dumbee

68

2

56

09-11-2020

jayk1

69

?

69

09-05-2020

VERY SENSITIVE [70-99]

CreditCuriosity*

72

3

72

10-19-2020

jasonbourne84's DH

72

3

72

10-11-2020

Kenro*

72

?

72

05-03-2020

K-in-Boston*

73

3

72

10-04-2020

GApeachy

74

3

73

10-13-2020

Brian_Earl_Spilner*

76

3

76

10-01-2020

GOLDEN CHALICE WINNER AND
KEEPER OF THE GOLDEN SWORD

golden-chalice.png

golden-sword.png

Dmessina666

78

3

78

09-17-2020

 

* FORMER AWARD WINNERS *

MEMBER NAME

AWARD

TROPHY

FOR

DATE
Click for Individual Profile Data

Brian_Earl_Spilner

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 76

10-01-2020

Brian_Earl_Spilner

GOLDEN SWORD

golden-sword.png

Record Low Rating: 76

10-01-2020

CreditCuriosity

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 75

09-23-2020

Dogbert

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 76

04-03-2020

Dogbert

GOLDEN SWORD

golden-sword.png

Record Low Rating: 76

04-03-2020

JWD1980

GOLD KEY

gold-key.png

Highest Rating: 40

07-26-2020

K-in-Boston

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 73

09-04-2020

Kenro

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 72

05-03-2020

Kenro

GOLDEN SWORD

golden-sword.png

Record Low Rating: 72

05-03-2020

LaHossBoss

GOLD KEY

gold-key.png

Highest rating: 41

04-17-2020

Throckmorton's Wife

GOLD KEY

gold-key.png

Highest Rating: 40

05-07-2020

 

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!

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

Keeper of the Scrolls of ResilienceEQ FICO Resilience Index Score Leaderboard

48 forum members have shared this new credit score. Share yours today!

Message 709 of 744
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Regular Contributor

Re: FICO Score Stress Indicators/Indexes


@LaHossBoss 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! 😣

 

Message 710 of 744
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