AZEO Impact

[Anonymous]

Hello all! 

I recently let AZEO slip and paid all my accounts in full this month.. my experian fico8 credit dropped from 685 to 660 with my mortgage going 667 to 663 interestingly enough. Just providing a data point!

[AllZero]

Thank you for sharing the data points! EX2 didn't do too bad.

[Ficoproblems247]

Oof, 25 points is a rough one! Saw someone else recently try it and lose less than 10 IIRC. All depends on which scorecard you fall under as to the effect. Thanks for sharing your DPs with the group!

[Anonymous]

What type of card did you last have a balance on?

[Anonymous]

@Anonymous  sorry for just getting back to you! I had a balance on a revolving chase card that I paid to $0 on accident resulting in the "not using revolving credit" trigger on my credit report. I do have an update now though! I let a balance report on a revolving account this month still 0% util as I only let $8 report on a capone card. My scores went up from the above stated back up 17 points on exp to 690 eq 675 and tu 693 with mortgage scores getting 3-5 points and auto scores getting 20 points and all of my fico bank card scores went up 15-20 points with my fico8 bank card going up to 695.
I checked my ex fico 8 the day before the balance reported to try to isolate the impact of AZEO on my report as much as possible. At that point nothing had aged off between the two days and all cards reported an additional month except for that card and that card is my oldest so it did not hit any milestones. No new cards hit 6 months or a year and no additional data outside of the one month additional pay history and letting my card report a balance.