The other possibility I might suggest is there's something within the aging of the BK which might of triggered this. What are the dates on the BK?
I only suggest this as I got a strange boost when maybe coincidentally my tax lien ticked over 6 years since filing and as such there may be aging factors involved somewhere and it sounds like it may have been September of October 2014 timeframe from your posts and 62 points seems like alot from getting yourself removed as an AU (and I don't know how a tradeline with Terminated is counted, might be closed, or more likely not factor at all).
I'd still sort the AU anyway personally as from what you describe adding it back on certainly won't do any harm.
@Anonymous wrote:Filed 5/11, discharged 8/14. Not thinking that is it, as didn't receive boost from aging which is what was happening before, rec'd loss and a big one at that. I wound up adding myself on as hubbys AU last night. Waiting this out to see what happens. Can't find anything else to explain it. Possibly is a combo of being removed as AU and then two cards reporting that month, even with a small balance, it still has affected others when this happens, so praying my theory is right.
Yeah, only problem is if the BK aging shifts your scorecard (there are 4 dirty ones, I wouldn't think year 2 would do that but...) you're now compared against a new set of people, possibly like me with my tax lien and your file isn't as strong there.
This is just a possibility, with such a large shift assuming it's FICO, something non-trivial happened though on thin files things are magnified and I'd try the things I could do to sort it... whereas there's nothing you can do if it's scorecard dependent around the BK (might be scorecard dependant with your not being a thin file possibly too once you get the AU back on); again I'm just throwing out conjectures, we're really REALLY bad at knowing what precisely shifts scorecards unfortunately: derogs do, age does, but when and how much is anyone's guess unfortunately.
@Anonymous wrote:Hmmm, I wonder. Is that what they call Rebucking?? I was reading about that and think I even posted something in that regard wondering if this possibly what happened. If you could see my table right now with papers everywhere you wouldn't believe it. You said you don't think it would have happened in this time period, given discharge of 9/14, what time frame would this happen in? I did notice last night that my risk rate went from 5% to 13% when I look at the comparison between the 3b fico report from 3/16 and 11/16. Couldn't figure out why. I only have these 2 reports to compare to try and figure out the drop during 9/16.
Yeah, rebucketing = moving between scorecards (which we've always called buckets but at least on the modern literature scorecard is the term FICO uses). At a SWAG I would've said more like 5 years when talking BK, but a BK aging is a major event on a file and unfortunately reports on newish rebuild files 8 months apart are going to be tough to pick anything specifically out... just not enough data and a lot of things could've happened just I note that it'd be ticking over the 2 year mark in September too which is right around where all this went pear shaped.
2 years is a pretty common breakpoint on other things though so maybe; again I'd sort the things I could now (go you getting that AU sorted quickly!) and then see where I wound up before worrying about things I have no control over.
Actually if you have 2 3B reports, would you mind dumping the reason codes for the scores you're focusing on between the two different reports? That might shed more light on it. Specifically EQ FICO 5, TU FICO 4, EX FICO 2 for both the 3/16 and 11/16 pulls since we're talking mortgage? Something probably changed between the two reports would be my guess for that large of a shift.
What I mean is the verbiage like the stuff on the right:
| 693 | FICO® Score 5 Older version, most widely used for mortgage lending [?] | 300-850 | Good |
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