@Anonymous wrote:Hi. Thanks for the response. I left Experian and moved over to MyFico 2 days ago so I don't have the history in the system to show how all of these changed. Here are how my scores appear on MyFico as of today, November 27th, 2020:
FICO8 EQ 753, T 767, EX 762
FICO8 (bank card) EQ 780, T 787, EX 788
FICO9 EQ 778, T 775, EX 787
FICO5 (mortage) EQ 778
FICO4 (mortage) T 768
FICO2 (mortage) EX 782
FICO5 (auto) EQ 784
FICO4 (auto) T 761
FICO2 (auto) EX 756
Your EX2, TU4, EQ5 scores look great even at All Zero. Once you report utilization on your revolving account, should regain some lost points. Score wise, you're in excellent shape for mortgage application.
@Anonymous wrote:WoW! Thanks. There a ton of information in there. That's goin to take a while in take in.
Happy reading. You can always bookmark it and digest it in smaller portions.
750+ is pretty much GOLD for 99% of places haha if the mortgage scores are correct his/her lowest is still above 750 so they are sitting very pretty ;D
@Anonymous wrote:Well, I'm sure if this is a complete coincidence or what but .... after reading this about the AZ hit, I thought I'd just go to Home Depot and buy a tool I was wanting anyway on a credit card. The crazy part is ... as I was driving home I got a notification on my phone from MyFico saying my Transunion score increased 15 points back up to 782! That was yesterday. Today, I get the notification from Experian that my score increased 16 points back up to 778! I'm assuming Equifax has increased also but I don't have a way of knowing that until MyFico updates 27 days. At this point, I'm wondering if there's anything I can do to quickly get back the massive 25+ point drop when i paid the car off to get back over 800.
Also, side note ... I was reading BirdMan7's post and saw a couple places that give information about AU (Authorized Users) and the effects of AU's having AZ (All zero) on accounts. It appears that if AU's hae vAZ it can effects the primary's mortage scores also?! I have 1 AU with AZ. He's actualy never used it but he got a 50 point boost up on his credit scores when I added him. He's planning on buying a new SUV very soon. Anyway, I have his AU card. So, I'm going to put a very small amount on it and see if I happen to see a change in my mortage scores. Have you seen this have an effect?
@Anonymous To optimize your report for EX2, it is recommended to have true AZEO, no AU card(s) reporting a balance. TU4 and EQ5 should react similarly if it follows the older scoring algorithm. I don't recall reading a report testing it on TU, EQ, since Experian is the only bureau that I know of that gives daily updates.
For optimizing FICO 8s, you want AZEO and one AU card reporting a balance.