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AU experiment & score drops from small balance to $0 balance

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AU experiment & score drops from small balance to $0 balance

Okay so I said I'd do this 8 weeks ago. Two months ago I noticed my scores drop when my only AU account went from a small balance reported to a zero balance.

On 11/10 my statement for the AU account updated with a $0 balance coming from $150 the month before, so I pulled my scores the next day on 11/11 in preparation for it being updated to the bureaus. I just got an update a few hours ago that TU updated the balance now from $150 to $0 today, on 11/14.

I pulled a 1 bureau report, TU, to see the score fluctuations. TU is the only one updated so far.

Here is my stats on 11/11 report:

Accounts/Utilization/Age:

NFCU Secured nRewards CC - $0/$200 - 6 mos
CSE FCU Auto Loan - $16,412/$18,047 - 8 mos
CSE FCU Platinum Rewards CC - $0/$15,000 - 8 mos
NFCU Shared Pledge Loan - $239/$3,001 - 8 mos
Capital One Platinum CC (PC'd to Quicksilver) - $10/$500 - 1 yr, 1 month
(AU) KeyBank Key2More Rewards CC - $150/$7,500 - 6 yrs, 6 mos

AAoA/AoYA/AoOA/HPs

AAoA - 9 mos
AoYA - 6 mos
AoOA - 1yr, 1 month
HPs - 7

The only difference between 11/11 and 11/14 is,

(AU) KeyBank Key2More Rewards CC - $150/$7,500 - 6 yrs, 6 mos

going to

(AU) KeyBank Key2More Rewards CC - $0/$7,500 - 6 yrs, 6 mos
Message 1 of 73
72 REPLIES 72
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Frequent Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

/edit

 

Here are the scores below,

 

Equifax

 

Fico Score 5 - 724 to 755 (+31)
Fico Bankcard Score 5 - 738 to 766 (+28)
Fico Auto Score 5 - 732 to 759 (+27)


Fico Score 8 - 774 to 774 (0)
Fico Bankcard Score 8 - 774 to 774 (0)
Fico Auto Score 8 - 771 to 771 (0)


Fico Score 9 - 781 to 781 (0)
Fico Bankcard Score 9 - 790 to 790 (0)
Fico Auto Score 9 - 799 to 799 (0)

 

Transunion

 

Fico 4 - 738 to 750 (+12)
Fico Bankcard Score 4 - 765 to 777 (+12)
Fico Auto Score 4 - 747 to 758 (+11)

 

Fico 8 - 773 to 757 (-16)
Fico Bankcard Score 8 - 790 to 772 (-18)
Fico Auto Score 8 - 771 to 753 (-18)

 

Fico Score 9 - 771 to 765 (-6)
Fico Bankcard Score 9 - 781 to 775 (-6)
Fico Auto Score 9 - 769 to 763 (-6)


Experian

 

Fico Score 2 - 744 to 747 (+3)
Fico Bankcard Score 2 - 749 to 752 (+3)
Fico Auto Score 2 - 746 to 749 (+3)


Fico Score 3 - 757 to 759 (+2)


Fico Score 8 - 776 to 760 (-16)
Fico Bankcard Score 8 - 786 to 769 (-17)
Fico Auto Score 8 - 774 to 756 (-18)


Fico Score 9 - 775 to 767 (-8)
Fico Bankcard Score 9 - 784 to 776 (-8)
Fico Auto Score 9 - 783 to 775 (-8)

Message 2 of 73
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Senior Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

Is reacting predictably for the older scores where you’re seeing a boost for lowering your number of revolvers with a balance from 50 to 25%. But what’s up with version eight and nine?

If the card counts they should be going up, if the card doesn’t count they shouldn’t be doing anything! That is an enigma.

I wonder what would happen if 1. the Quicksilver reported zero which should give you the no revolving penalty, (that it looks like you just got), and then if 2. you report a balance on the AU card and see if you get points and how many.

I’ll be interested in hearing what others have to say. And I’ll be interested in seeing what happens at the other bureaus.













(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated March 2020.

In order to better answer your questions and record your DPs, please provide your profile stats: Any baddies? (clean/dirty), Number of accounts open and closed on CRs (thick/thin), AoOA? (aged/nonaged), AoYR-Age of Youngest Revolver (new accounts/no new accounts)? Open/closed loan on CR?
For example, mine is clean/thick/aged/new accounts, with open loan on record.
If you don't know where you fall, just list whether you have any baddies, your number of open and closed accounts, AoOA, AoYR and whether you have a loan on record.
For utilization questions, list individual and aggregate utilizations, revolving and installment. please.
Message 3 of 73
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Established Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

I've noticed this, too. I have one AU (CAP1 that's not listed in my sig) and whenever it posts a zero balance (and I have balances on my own cards, it doesn't matter whether it's AZEO or more than one) I lose ~15 pts. I think as soon as the AU posts a zero balance, it's almost like the entire AU card is being completely excluded. As soon as I report a balance on the AU card, the points I lost are returned. 

Here's my original thread where I noticed this:
https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Updated-15-pt-score-drop-trying-to-figur...

And another similar situation:
https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/My-score-dropped-14-points-and-I-can-t-f...

Chase Sapphire Reserve 18.5k
Chase Freedom Unlimited 11.7k
American Express Bonvoy Brilliant 15k
Barclays Aviator Red 4k
Citi AAdvantage Platinum Select 12k
Amazon Store Card 10k

Fico 8s as of 04/02/2020:




Message 4 of 73
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Senior Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

Drwaz99 If you lose 15 when it reports zero what happens when your other cards also report zero? Do you get the additional no revolving balance penalty?

What happens when you use that AU card as your AZEO card?













(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated March 2020.

In order to better answer your questions and record your DPs, please provide your profile stats: Any baddies? (clean/dirty), Number of accounts open and closed on CRs (thick/thin), AoOA? (aged/nonaged), AoYR-Age of Youngest Revolver (new accounts/no new accounts)? Open/closed loan on CR?
For example, mine is clean/thick/aged/new accounts, with open loan on record.
If you don't know where you fall, just list whether you have any baddies, your number of open and closed accounts, AoOA, AoYR and whether you have a loan on record.
For utilization questions, list individual and aggregate utilizations, revolving and installment. please.
Message 5 of 73
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Established Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided


@Birdman7 wrote:
Drwaz99 If you lose 15 when it reports zero what happens when your other cards also report zero? Do you get the additional no revolving balance penalty?

What happens when you use that AU card as your AZEO card?

It's been a couple of months, but if I recall correctly, I lost about 25 pts total on EX when that happened (I didn't intentionally do it, but there was a brief moment between statement cuts where there were all zero balances). But I don' think it's due to "no revolving balance" being scored twice but rather the AU card's history is being completely discounted. (my CAP1 AU has is 26 yrs old and it hurts my AAoA significantly when it posts zero)

I've never had the AU be the AZEO card but I will definitely try that out after the beginning of the year when I get through Xmas shopping. 

Chase Sapphire Reserve 18.5k
Chase Freedom Unlimited 11.7k
American Express Bonvoy Brilliant 15k
Barclays Aviator Red 4k
Citi AAdvantage Platinum Select 12k
Amazon Store Card 10k

Fico 8s as of 04/02/2020:




Message 6 of 73
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Senior Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

Thanks for responding. I wonder why it does that. Interesting theory. Like if its not being used, it doesn't count. does it do this across all score flavors and CRAs?













(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated March 2020.

In order to better answer your questions and record your DPs, please provide your profile stats: Any baddies? (clean/dirty), Number of accounts open and closed on CRs (thick/thin), AoOA? (aged/nonaged), AoYR-Age of Youngest Revolver (new accounts/no new accounts)? Open/closed loan on CR?
For example, mine is clean/thick/aged/new accounts, with open loan on record.
If you don't know where you fall, just list whether you have any baddies, your number of open and closed accounts, AoOA, AoYR and whether you have a loan on record.
For utilization questions, list individual and aggregate utilizations, revolving and installment. please.
Message 7 of 73
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Senior Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

Also, know which scorecard you are on? if not, Any derogs? # of accounts on CR open and closed? AoOa? and AoYA?













(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated March 2020.

In order to better answer your questions and record your DPs, please provide your profile stats: Any baddies? (clean/dirty), Number of accounts open and closed on CRs (thick/thin), AoOA? (aged/nonaged), AoYR-Age of Youngest Revolver (new accounts/no new accounts)? Open/closed loan on CR?
For example, mine is clean/thick/aged/new accounts, with open loan on record.
If you don't know where you fall, just list whether you have any baddies, your number of open and closed accounts, AoOA, AoYR and whether you have a loan on record.
For utilization questions, list individual and aggregate utilizations, revolving and installment. please.
Message 8 of 73
Highlighted
Established Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided


@Birdman7 wrote:
Also, know which scorecard you are on? if not, Any derogs? # of accounts on CR open and closed? AoOa? and AoYA?

I have no idea about scorecards. No derogs; 7 total accounts including the AU account (but 6 at the time of my examples above); AoOA is 3yrs (26 yrs for the AU); AAoA is 1y6mo (5yr6mo with AU); AoYA currently 3mo and was roughly the same with examples above. 

Chase Sapphire Reserve 18.5k
Chase Freedom Unlimited 11.7k
American Express Bonvoy Brilliant 15k
Barclays Aviator Red 4k
Citi AAdvantage Platinum Select 12k
Amazon Store Card 10k

Fico 8s as of 04/02/2020:




Message 9 of 73
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Frequent Contributor

Re: 16pt drop on TU when AU CC was paid down to zero, DPs provided

Screenshot_20191115-113023_myFICO.jpg

Message 10 of 73
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