BBS - thanks for the data points.
Given the derogs you had removed and the recent aging of your HPs to over 12 months, a screen capture-paste of your scores as a long term history trend would be of interest. The trend defaults to 12 months.
However, if you click on all it will give you a complete history starting with your initial signup month. Note: holding the mouse cursor over a trend dot will display associated date and score.
TT, is there any way to get the scores to show for each dot aside from just the dot you move your mouse over? I want to post those 2 images for you, but a string of dots doesn't really do much if only one of them shows an actual score.
BBS, unfortunately no. I have not found a table format for historical data relating to TU CBIS.
The only method of extraction I know of would be putting the cursor over each dot (or each dot showing a score changed) and then writing down score and date for each on paper. After that create a table in Excel and copy paste the table into a post. I have done that more than once but it takes time.
TT I think this is what you are referring to...finally found score that is somewhat bad with home insurance. Might be due to teens breaking into my house and catching it on fire resulting in 150,000 loss. TT - I also had an auto accident resulting in death, I was not at fault...drunk pedestrian in street.
Thanks for the data points on TU CBIS. These scores are not impacted by claims, accidents or driving record. Looks like you had a credit event in August or September 2017 that improved your score (aging milestone?)
TT asked me to chime in on what my CBIS score has been doing, compared to my TU report and TU FICO 8.
My TU FICO 8 hit a perfect 850 in Feb/March (up from 825). The TU CBIS got a boost as well, going from 887 to 907.
The only certain new event was Age of Oldest crossing to over 12 months.
The LexisNexis CBIS likes it when individual accounts age to 24+ months, and a few of mine did, so that may have helped the TU CBIS score. A few accounts also aged to 12+ months.
No other obvious good events. No inquiries aging off, though perhaps one fell off the report due to crossing over 24 months (no way to tell at this point). CC utilization remained at 1%, almost all cards showing $0 balance before and after, etc.
I had an inquiry in late March. That appears to have caused me a drop to 831 on FICO 8 which surprisingly recovered to 850 a month later. The CBIS reacted by dropping 12 points.
As I view my TU CBIS over the last few years, it looks like the model is happiest when all my accounts are over 24 months in age (917) and least happy (855) when I have a number of recently opened accounts.
For other folks reading the thread, bear in mind how different an 855 CBIS is from FICO. An 855 is actually lame -- as in like a 700 FICO 8 maybe.
It will be interesting to see whether my CBIS gets better once almost all my accounts are 24+ months old again, which I think will happen in Oct.
One guess as to why even at my best I have never gotten above 917 is that my oldest account is a loan. The LexisNexis CBIS model penalizes you if your oldest account is a loan rather than a credit card, so maybe so does the TU CBIS. I do very well on the other CBIS specific factors (I have no store cards and no auto accounts, for example, which the CBIS spanks you for) so the loan vs. CC thing seems like a possibility. (My average credit limit is also fine, which the CBIS models care about.)
Thanks for the summary and data points. My assumption is you are referring to Auto CBIS scores as those are the default presentation by CK. Have you looked at your Home CBIS scores?
Some posters report markedly different results between TU Home and Auto CBIS scores. Not sure why.
|TU Auto CBIS||902||869||852||774||860||820||903||912|
|TU Home CBIS||950||917||698||847||897||850||912||823|
TT, below are a couple of data points for you regarding my insurance scores through CK. Over the last 12 months that I can see my scores have been relatively flat, but there are a couple of points where I did see a change and can tell you what it was that caused the change:
Auto Insurance score:
880 --> 893 - 13 point gain when my only auto loan went from open to closed.
893 --> 903 - 10 point gain when my AoYA reached 12 months and I went from 1 scoreable inquiry on TU to 0.
861 --> 880 - 19 point gain unknown? No clue why the gain here. My FICO 8 during this time dropped 4 points, probably from an additional card reporting a small balance or something fairly unmeaningful.
Another intestesting note, in going from a dirty to a clean file, my auto insurance score saw zero gain (remained at 861), where my FICO 8 score went up 68 points. It would seem that auto insurance scores aren't impacted by major baddies?
Home Insurance score:
875 --> 899 - 24 point gain when my only auto loan went from open to closed.
899 --> 912 - 13 point gain when my AoYA reached 12 months and going from 1 --> 0 scoreable inquiries on TU.
859 --> 871 - 12 point gain unknown at the same point in time as the auto insurance score gain referenced above.
871 --> 872 - 1 point gain when my file went from dirty to clean. Again, a 68 point gain came to my TU FICO 8 score at this time.
That's about all I've got over the last year of data provided on CK. When I have some more time I'll dig back another year or so to the point where I opened my CK account and see what other data points are there and report back.
Undoubetedly your file was already considered clean by TU CBIS. The CBIS criteria used are completely different as the focus the model is evaluating credit to predict likelihood of filing a claim, not likelihood of a 90 day loan default. Therefore, lates are less impactful. Also the threshold for lates is/has been 60 days or more for TU CBIS.I wonder if your unknown score boost could relate to an aging milestone for most recent bank credit application or most recent other credit application. Refer to below paste.
BBS score progression
The 10 and 13 point increases (893 => 903 & 899 => 912) for youngest INQ aging to 12 months are noteworthy. I saw something similar. The flip flop of Auto being higher than Home to lower now is also interesting. Perhaps the Auto loan was impacting home score more negatively than Auto score.
Some observations so far on TU CBIS:
1) Gain 10 points nominally when youngest inquiry passed 12 months age.
2) Penalty associated with a "new credit" HP given no new credit in the prior 42 months = 30 to 35 points
- My data (lost 33 points on Auto & Home due to HP CLI with no new credit in prior 48 months)
* Data from another poster in CK forum showed 30 point loss
3) Penalty associated with a 30 day late and/or lesser late (minimum payment not made) = 50 to 60 points
- My data point (AU card paid 5 days late) and an above poster that provided data on a 30 day late
* A 30 day and lesser late carry no derogatory historical impact. Penalty goes away if account subsequently shows in good standing.
4) Presence of an open Auto loan negatively impacts CBIS score 10 to 20 points? (BBS data)
So far no real insights on primary differences between Auto and Home CBIS.
Update - My TU inquiry aged past 12 months last month. As hoped, I experienced some nice rebounds in both Auto and Home scores. These scores are still below my pre HP levels which suggests a lingering although lessened inquiry impact. I suspect the inquiries will impact TU CBIS scores for the full 2 years they are on a report. I observed the 2 years influence on my EQ VantageScore from CK as well. [Displayed score is the one in blue text with white background]
|# INQ < 24 mo||0||1||1|
|Youngest INQ age||n/a||6||13|
Update - My TU inquiry aged past 12 months last month. As hoped, I experienced some nice rebounds in both Auto and Home scores. These scores are still below my pre HP levels which suggests a lingering although lessened inquiry impact. I suspect the inquiries will impact TU CBIS scores for the full 2 years they are on a report.
Yup. Reason codes S21 through S45 make that fairly clear. (Over 2 full years is optimal, but there is a separate reason code for each month on the way there.)