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FICO Score Stress Indicators/Indexes

EW800
Valued Contributor

Re: EQ FICO Resilience Index - New Year's Eve 2020

Per my inquiry above, it appears that my so-so score is because of the number of open accounts that I have.  Although they are almost all $0 balance, I do have quite a few open revolving accounts.  

 

010121.jpg010121A.jpg

Year 2012: All Scores in the 520 range, during a foreclosure, CC Settlement and high UTIL. Very ugly days...
Jan 2021: EX8: 850; EQ8: 850; TU8: 850 -- Middle Mortgage Score: 824
In My Wallet: Discover $73.7K; Cap1 Venture $42.7K; Amex ED $38K; Amex Optima $2.5K; Amex Delta Gold $18K; Citi Costco $21K; Cap1 Plat $8.4K; Barclay $7K; Chase Amazon $6K; BoA Plat $21.6K; Citi TY Pref $19K; US Bank $4K; Dell $5K; Care Credit $6.5K. Total Revolving CL: $285K
My UTIL: Less than 1% - Only allow about $10 a month to report, on one account. .
Message 811 of 1,053
CassieCard
Senior Contributor

Re: EQ FICO Resilience Index - New Year's Eve 2020


@EW800 wrote:

Just thought I would share that my Resilience Index is still 46.  It has been 46 every month for the last many months - hasn't changed at all.  

 

I understand the score is sensitive to balance amounts.  I am wondering if it is possible that my very low balances are actually hurting me as far as this score?

This score loves low balances - it can't be that.

 

I wonder how your profile compares to @tacpoly 's. She jumped up to a 39 with a very low balance and an EQ8 850. This is really the best so far, considering both scores together.

 

I can't get below 53, and that's probably because I just don't have enough credit history at 3 years in. That doesn't seem to be the case for you, though.

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

Keeper of the Scrolls of Resilience: EQ FICO Resilience Index Score Leaderboard (59 People!)

Message 812 of 1,053
tacpoly
Established Contributor

Re: EQ FICO Resilience Index - New Year's Eve 2020


@CassieCard wrote:

@EW800 wrote:

Just thought I would share that my Resilience Index is still 46.  It has been 46 every month for the last many months - hasn't changed at all.  

 

I understand the score is sensitive to balance amounts.  I am wondering if it is possible that my very low balances are actually hurting me as far as this score?

This score loves low balances - it can't be that.

 

I wonder how your profile compares to @tacpoly 's. She jumped up to a 39 with a very low balance and an EQ8 850. This is really the best so far, considering both scores together.

 

I can't get below 53, and that's probably because I just don't have enough credit history at 3 years in. That doesn't seem to be the case for you, though.


@CassieCard  I have a feeling number of open primary CCs may be a factor in the Resilience Index -- i.e. how much potential trouble someone can get into. I have 1 charge card and 3 credit cards. 

Message 813 of 1,053
CassieCard
Senior Contributor

Re: EQ FICO Resilience Index - New Year's Eve 2020


@tacpoly wrote:


@CassieCard  I have a feeling number of open primary CCs may be a factor in the Resilience Index -- i.e. how much potential trouble someone can get into. I have 1 charge card and 3 credit cards. 


A lot of FICO score models have the 'Too few or too many accounts' factor, so I think you're right about potential for trouble. Their profile data regression must have shown a problem with either of those.

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

Keeper of the Scrolls of Resilience: EQ FICO Resilience Index Score Leaderboard (59 People!)

Message 814 of 1,053
sjt
Senior Contributor

Re: EQ FICO Resilience Index - New Year's Eve 2020

Happy New Year!

 

As of 1.6.21:

Resilience Score: 47 was 51.

Red Flags: 1) Too many open credit cards and 2) High percentage of revolving credit.

American Express: Platinum Charge, Optima, Business Gold, Delta Business Platinum, Business Cash
Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture VS
Chase: Freedom U VS, CSR VI
Citibank: AAdvantage Platinum WEMC
Elan/US Bank: Fidelity VS
Credit Union: Rewards Visa
FICO 08: (3.04.21) EX: 838 / EQ: 850 / TU: 848
Message 815 of 1,053
CassieCard
Senior Contributor

EQ FICO Resilience Index Leaderboard - January 10, 2021

eq_res_logo.png

 

EQ FICO Resilience Index

 

Leaderboard as of January 10, 2021

Breaking News

 

@sjt 51 to 47.

 

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

Adkins

80

12-07-2020

 

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

mrsgrits' DH

32

0

32

11-01-2020

LP007

34

0

34

12-21-2020

CreditBones

37

0

37

12-01-2020

juggernaut9*

37

0

37

11-03-2020

Lulah*

37

0

37

07-24-2020

USDOD

37

0

37

12-26-2020

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

Tonya-E

46

2

46

12-02-2020

sjt

47

2

47

01-06-2021

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

Chris865 [OP]

52

2

52

05-23-2020

angelwingz

53

2

53

04-09-2020

KLEXH25

53

2

53

07-26-2020

CassieCard

54

2

53

12-11-2020

Credit4Growth

54

2

54

07-30-2020

Face_Value

54

2

54

10-17-2020

Flyingifr

56

2

56

07-21-2020

kilroy8

56

?

56

06-11-2020

TMB_

56

2

56

06-01-2020

mrsgrits

57

2

57

11-06-2020

Bowiefan

58

?

58

01-02-2021

sarge12

59

2

59

08-24-2020

SENSITIVE [60-69]

joeyv1985

60

2

58

12-13-2020

coreysw12

61

2

60

11-18-2020

CreditObsessedinFL

63

2

56

11-18-2020

NRB525

63

2

63

04-06-2020

Remedios

63

2

63

06-06-2020

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

thornback

66

2

66

12-12-2020

Dumbee

68

2

56

09-11-2020

Birdman7

69

2

60

01-01-2021

jayk1

69

?

69

09-05-2020

VERY SENSITIVE [70-99]

K-in-Boston*

70

3

70

11-04-2020

CreditCuriosity*

72

3

72

10-19-2020

Dmessina666*

72

3

72

12-30-2020

jasonbourne84's DH

72

3

72

10-11-2020

Kenro*

72

?

72

05-03-2020

GApeachy

74

3

73

12-17-2020

Brian_Earl_Spilner*

78

3

72

12-06-2020

GOLDEN CHALICE WINNER AND
KEEPER OF THE GOLDEN SWORD

golden-chalice.png

golden-sword.png

Adkins

80

3

80

12-07-2020

 

* 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

Dmessina666

GOLDEN CHALICE

golden-chalice.png

Lowest rating: 78

09-17-2020

Dmessina666

GOLDEN SWORD

golden-sword.png

Record Low Rating: 78

09-17-2020

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

juggernaut9

GOLD KEY

gold-key.png

Highest Rating: 37

11-03-2020

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

Lulah

GOLD KEY

gold-key.png

Highest Rating: 37

07-24-2020

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!

 

Meet the creator of the Resilience Index.

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

Keeper of the Scrolls of Resilience: EQ FICO Resilience Index Score Leaderboard (59 People!)

Message 816 of 1,053
sjt
Senior Contributor

Re: EQ FICO Resilience Index Leaderboard - January 10, 2021

lol! @CassieCard 

I think the decrease was the result of one revolver reporting at less than 1% on the card and overall.

American Express: Platinum Charge, Optima, Business Gold, Delta Business Platinum, Business Cash
Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture VS
Chase: Freedom U VS, CSR VI
Citibank: AAdvantage Platinum WEMC
Elan/US Bank: Fidelity VS
Credit Union: Rewards Visa
FICO 08: (3.04.21) EX: 838 / EQ: 850 / TU: 848
Message 817 of 1,053
CreditobsessedinFL
Established Contributor

Re: EQ FICO Resilience Index Leaderboard - January 10, 2021

Hi Cassie,

I was too busy and also too afraid to look last month (DEC) because had a 3K charge that I put on a 0 balance card and although I paid it off the next day, it still hit my report because I missed the statement date by one day I guess.  I peeked just now and saw that for DECEMBER  I dropped back to a 61 from a 63, same two red flags and it showed 12% up from 9% overall UTI. 

Could also be that student loan servicer for my son's PPL has changed, so the loans look like they dropped off for a month. I will update for this month when the 3D comes out for me, which is on 1/17. 

Message 818 of 1,053
LP007
Contributor

Re: EQ FICO Resilience Index Leaderboard - January 10, 2021


@CreditobsessedinFL wrote:

Hi Cassie,

I was too busy and also too afraid to look last month (DEC) because had a 3K charge that I put on a 0 balance card and although I paid it off the next day, it still hit my report because I missed the statement date by one day I guess.  I peeked just now and saw that for DECEMBER  I dropped back to a 61 from a 63, same two red flags and it showed 12% up from 9% overall UTI. 

Could also be that student loan servicer for my son's PPL has changed, so the loans look like they dropped off for a month. I will update for this month when the 3D comes out for me, which is on 1/17. 


Missed the statement date? Goot gawd, man. This is paramount to our collective success. We'll never get off this island of despair if we don't all do our part. Smiley LOLSmiley LOLSmiley LOL





Message 819 of 1,053
CassieCard
Senior Contributor

Re: EQ FICO Resilience Index Leaderboard - January 10, 2021


@LP007 wrote:

@CreditobsessedinFL wrote:

Hi Cassie,

I was too busy and also too afraid to look last month (DEC) because had a 3K charge that I put on a 0 balance card and although I paid it off the next day, it still hit my report because I missed the statement date by one day I guess.  I peeked just now and saw that for DECEMBER  I dropped back to a 61 from a 63, same two red flags and it showed 12% up from 9% overall UTI. 

Could also be that student loan servicer for my son's PPL has changed, so the loans look like they dropped off for a month. I will update for this month when the 3D comes out for me, which is on 1/17. 


Missed the statement date? Goot gawd, man. This is paramount to our collective success. We'll never get off this island of despair if we don't all do our part. Smiley LOLSmiley LOLSmiley LOL


lol @LP007 

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

Keeper of the Scrolls of Resilience: EQ FICO Resilience Index Score Leaderboard (59 People!)

Message 820 of 1,053
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