@800goal800 that is a very interesting question. Because it's updating monthly, it is contributing to revolving Balances, but is it counted in the number of accounts with a Balance Metric since the account status is closed?
It is an account with a balance. And it appears they count closed Accounts in the denominator on EX2. So will they allow it to count for the Metric in the numerator, if it's closed? And if so on all versions? very interesting question.
I don't think the revolving activity code will be helpful here because I believe that is based on a non-zero attribute for revolving balances, not the number of accounts with a balance Metric.
do you have MF? If you go to the ingredients section, does it count the chargeoff in the number of accounts with a balance? If it does, then I would say it counts in the metric, because the same people that worked on the algorithm worked on that.
The only other way to know would be to have one someone with a small number of accounts on their credit report and then to watch the too many accounts with a balance Negative Reason Codes and know that you cross a threshold with a second account reporting a balance, or third, or whatever it may be, and be able to manipulate the code to move or disappear.
hopefully we can get the answer by someone referencing the score ingredients section.
Keep in mind, AZEO combines the optimization of multiple Metrics, Revolving Balance, Revolving utilization, total amount owed, and number of accounts with a balance. It could also potentially add points from retail and national bankcard Metrics, Version and Bureau depending, of course.
