@SouthJamaica wrote:
The reason I was able to get clean data -- which is a challenge in my profile -- is that I just subscribed to a new Experian product which gives me daily updates of the report including updates of 4 scores: FICO 8, FICO 2, and an Auto and Bankcard score. So it's clean data, but only applicable to EX. Several days later on my MyFICO dashboard there was a 6 point increase in TU FICO 8. So it's possible that it was related, but impossible for me to have any degree of certainty about that one.
It didn't occur during the changeover of the month; it occurred earlier.
SJ, I wonder if you are using the same one I am with Experian. I think the one I am using is Experian Creditworks or something similar. The different scores you mentioned that they give sounds similar. There may even be a couple more. Just curious that's all.
@Anonymous wrote:
@NRB525 wrote:
Since we are early into December, when aging thresholds become a hidden driver of score changes, what was your sequence of tracking scores from late November to the change you think of as 6% Overall Utilization as the December 1 threshold was crossed?
SJ stated at the end of Post 7 that the score change happened toward the end of November, thus ruling out a December 1st age of accounts change being a factor. I too thought earlier in this thread that it could have been the cause here, but it seems it wasn't.
The details about what happened the last two weeks are not provided. The timing has no date sequence provided.
Even the statement “Recently started getting this EX ‘daily’ score data” is vague. How reliable has this scoring been for the last few months? Has SJ score been predictably moving on this reporting service?
Without clear data and time sequence there is no “6% threshold”.
I agree the total dollars involved are likely likely a factor, but I was asking for individual card data on page 1.
@Thomas_Thumb wrote:
@SouthJamaica wrote:The reason I was able to get clean data -- which is a challenge in my profile -- is that I just subscribed to a new Experian product which gives me daily updates of the report including updates of 4 scores: FICO 8, FICO 2, and an Auto and Bankcard score. So it's clean data, but only applicable to EX. Several days later on my MyFICO dashboard there was a 6 point increase in TU FICO 8. So it's possible that it was related, but impossible for me to have any degree of certainty about that one.
It didn't occur during the changeover of the month; it occurred earlier.
Please report before/after on all scores received. It is more insightful as various models behave differently. I find it useful to look at Shifts in Classic score compared to Auto and Bankcard. If all three shift the same way more than 5 points, that's a tell sign that some factor fundamental to the algorithm has crossed a threshold.
Because # cards with balances, aggregate utilization and individual card utilization (typically highest card UT%) all affect score, it is helpful to mention # cards reporting (say 6 of 20 for example) and highest card UT%. SJ, is all that information available to you on these reports?
@Anonymous questions @Thomas_Thumb I always learn from you.
1. Yes all that information is available to me from these reports.
2. There was no change in number of accounts with balances (stayed the same at 12 of 30).
3. There was no instance of a >30% account dropping to <9%.
4. It did not occur on a change of month, it occurred between the 23rd and the 24th, and there was no change to age of anything.
5. The only change was that one account reporting a 25% balance dropped to a 1% balance. There were a total of 8 accounts reporting >9% balances on the 23rd; there were a total of 7 accounts reporting >9% balances on the 24th.
6. The changes in the Classic, Auto, and Bankcard scores seem to support your hypothesis that some factor fundamental to the algorithm may have crossed a threshold:
Classic 8 +7
FICO 2 +-0
Auto 8 +9
Bankcard 8 +8
@Anonymous wrote:
@NRB525 wrote:
Since we are early into December, when aging thresholds become a hidden driver of score changes, what was your sequence of tracking scores from late November to the change you think of as 6% Overall Utilization as the December 1 threshold was crossed?
SJ stated at the end of Post 7 that the score change happened toward the end of November, thus ruling out a December 1st age of accounts change being a factor. I too thought earlier in this thread that it could have been the cause here, but it seems it wasn't.
Right. It happened between the 23rd of the month and the 24th.
@RonM21 wrote:
@SouthJamaica wrote:
The reason I was able to get clean data -- which is a challenge in my profile -- is that I just subscribed to a new Experian product which gives me daily updates of the report including updates of 4 scores: FICO 8, FICO 2, and an Auto and Bankcard score. So it's clean data, but only applicable to EX. Several days later on my MyFICO dashboard there was a 6 point increase in TU FICO 8. So it's possible that it was related, but impossible for me to have any degree of certainty about that one.
It didn't occur during the changeover of the month; it occurred earlier.
SJ, I wonder if you are using the same one I am with Experian. I think the one I am using is Experian Creditworks or something similar. The different scores you mentioned that they give sounds similar. There may even be a couple more. Just curious that's all.
I don't even know the name of it, but possibly it's Experian CreditWorks Premium.