Things that will likely noticably impact my credit scores in the month of February:
1) I opened a new HELOC.
2) Payed off 2 personal loans, totalling about $18k, still have mortgage and car loan for installment accounts.
3) Remaining balance on my car loan will drop below 80%.
4) CC utilization will be back below 5% by the end of the month, started at 10%.
5) 4 inquiries will pass the 12 month mark on TU, 2 on EX, 1 on EQ.
6) 4 new accounts will pass the 12 month mark.
I've got the full paid MyFICO service, so I'll be getting lots and LOTS of alerts and score updates spamming my phone and home email!🤣
Starting FICO8 scores:
EQ 790
TU 755
EX 768
Any guesses where they will end up?🤔
>800 
re: "Gardening until January 2024, or until all 3 FICO8 scores are >800, whichever comes LAST"
Do we look like the FICO computer? 
Just kiddin. You opened a HELOC and paid off other loans. If the HELOC wasnt there. Nice movement. But the new HELOC will reset AoYA to 0 months and a new loan account with full amount owed might have cancel the other loan payoff movements. Now you have a new aggregate loan %. Util drop may offset some. HP's drop to 1. Nothing to write home about. Anyones guess.
@FireMedic1 wrote:Do we look like the FICO computer?
I think I'm already suffering near the maximum penalty for AoYA.
I'm also not completely sure how HELOC balances affect scores. I know they get reported as revolving accounts, but their % Util isn't factored in like CC Util.
I have the paid service with Experian, and the HELOC already shows on my report as of this morning, but my score didn't change at all.🤔
@FireMedic1 wrote:Do we look like the FICO computer?
I agree that there will be lots of alerts and minor ups and downs, and I don't expect any significant score changes at all.
Agreed... I wouldn't be surprised to see any score change. FICO can be a strange beast sometimes.
Just the other day I lost 10 pts on my TU for letting my NFCU report a 20% balance. This was after I paid off 2 cards the week prior and gained a whole 2 points.
I don't lose sleep over a handful of points going one way or the other... nor do I get excited. I'm saving it all for later this year when my baddies drop off... then I'll have something to get excited about.
@TRC_WA wrote:
I don't lose sleep over a handful of points going one way or the other... nor do I get excited. I'm saving it all for later this year when my baddies drop off... then I'll have something to get excited about.
Same, the last of my baddies fell off in January, and I managed my goal of getting a HELOC at the best possible rates.
I was just thinking about all the little things that are happening to my credit files this month, and the timing of it all being reported to the 3 bureaus.
It should be mildly entertaining, to me at least, seeing alerts of changes almost every day, instead of the once or twice a month I've been getting for a while now.
So far EQ and TU don't like the new account, EX didn't change.
@URHomeInvestments wrote:Pay something off and the score drops. I did something similar, and hope to open a HELOC. It really chuffs me when my scores drop when I pay things down. It all seems like a crap shoot sometimes.
Still waiting to see what happens to my scores when the other personal loan to report that it is paid off...
After that, it is all definitely positive, and I won't be adding any new accounts until January 2024.