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Is this a drop from reported addresses?

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xaiduz114
Regular Contributor

Is this a drop from reported addresses?

My EQ FICO score on score watch dropped 32 points this week, so I snagged a basic report from the alert I had, and it shows that nothing has changed but four old addresses being reported, as far as I saw. The CAs that keep reporting on my file each month (and have been since 2009), reported again, but that is nothing new, and I don't understand how my score would drop 32 points randomly with this monthly reporting.. I have not yet pulled my full report, but what else could have caused the drop? I have added no new credit, have no new collections/derogatory information, either. Could aging of the collections caused this severe drop...?

 

Any input is greatly appreciated. Smiley Happy

Starting Score: EQ 478 | EX N/A | TU 540 - 5/2014
Current Score: EQ 475 | EX 582 | TU 589
Goal Score: 700 by 5/2015 - My Credit Rebuilding Journey!
Collections (MED): DCS Financial (4) | Columbia Collectors (1) |
Dynamic Collectors, Inc (2) | Professional Credit Services (2) |
CMRE Financial Services (1) | Total: 10
Charge-offs: IQCU (1)
Cards I'm aiming to get:
Unitus Community CU SecuredBofA Secured
Message 1 of 4
3 REPLIES 3
09Lexie
Moderator Emerita

Re: Is this a drop from reported addresses?

Message 2 of 4
xaiduz114
Regular Contributor

Re: Is this a drop from reported addresses?

Whatever version score watch gives from here. :/

Starting Score: EQ 478 | EX N/A | TU 540 - 5/2014
Current Score: EQ 475 | EX 582 | TU 589
Goal Score: 700 by 5/2015 - My Credit Rebuilding Journey!
Collections (MED): DCS Financial (4) | Columbia Collectors (1) |
Dynamic Collectors, Inc (2) | Professional Credit Services (2) |
CMRE Financial Services (1) | Total: 10
Charge-offs: IQCU (1)
Cards I'm aiming to get:
Unitus Community CU SecuredBofA Secured
Message 3 of 4
09Lexie
Moderator Emerita

Re: Is this a drop from reported addresses?


@xaiduz114 wrote:

Whatever version score watch gives from here. :/


There has been an update to EQ8 a few months ago.  The rollout has been slow but some users have seen a change in their score with the upgrade. 

 

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/FICO-8-Announcement/m-p/2996572

Message 4 of 4
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