I just thought to check my mortgage scores, thinking that they might be even more responsive to the increases in AoYA and AAoA than the FICO 8's. But to my amazement, they didn't budge.
TU FICO 4 and EX FICO 2 stayed the same.
EQ FICO 5 increased a whopping one point.
@Thomas_Thumb wrote:Those older mortgage models certainly do behave differently. They don't care much about an open loan and it appears they are rather indifferent to some aging metrics.
Well... The models are scheduled to be kicked to the curb next year. We shall see.
I have a hunch they're not going to be kicked to the curb so quickly. Traditions die hard.
What surprised me is that I've always felt that the mortgage scores were more responsive to aging metrics, because even when my FICO 8's were great, due to stellar utilization, the mortgage scores stayed low. I figured it had to do with the newness of everything.
But now I'm thinking maybe I shouldn't have mixed "aging" and "credit seeking" together, as though they were part of the same thing. Maybe it's the credit seeking that the mortgage scores abhor, and not the young age of the accounts.
Update: 4:05 PM
I also checked the negative reason codes in the mortgage scores, for the April 5th and May 1st reports.
In TU and EX, where the scores stayed the same, the reason codes stayed the same as well.
In EQ, where the score went up one point, on the third line, "You opened a new credit account relatively recently" was replaced by "You've recently been looking for credit."
Congrats on your milestone achievements
