@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
Sorry, only EQ has a CA, so EQ is a PR scorecard. EQ is giving the "many nrw accounts" negative reason code.
TU and EX have no CAs, so not PR scorecards. Only EX is giving the "too many new accounts" negative reason code from EX Bankcard 2.
Sorry, it can be so confsuing when there are so many differences among the bureaus.
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
Sorry, only EQ has a CA, so EQ is a PR scorecard. EQ is giving the "many nrw accounts" negative reason code.
TU and EX have no CAs, so not PR scorecards. Only EX is giving the "too many new accounts" negative reason code from EX Bankcard 2.
Sorry, it can be so confsuing when there are so many differences among the bureaus.
@Anonymous OK yeah I think I misunderstood. You're not getting the new account reason code anywhere for version 8/9? Not with a 60 day late or worse? You are getting the new account code only on score 2 which Experian has delinquencies, but they're all over two years old correct? Or not unpaid and regularly updating correct?
false alarm maybe Rev.
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
Sorry, only EQ has a CA, so EQ is a PR scorecard. EQ is giving the "many nrw accounts" negative reason code.
TU and EX have no CAs, so not PR scorecards. Only EX is giving the "too many new accounts" negative reason code from EX Bankcard 2.
Sorry, it can be so confsuing when there are so many differences among the bureaus.
@Anonymous OK yeah I think I misunderstood. You're not getting the new account reason code anywhere for version 8/9? Not with a 60 day late or worse? You are getting the new account code only on score 2 which Experian has delinquencies, but they're all over two years old correct? Or not unpaid and regularly updating correct?
false alarm maybe Rev.
EQ bankcard 8, if that counts as 8 lol
And yes, 1 CO updates monthly for both EX and EQ.
Last actual "late" was 7/2016, aside from the CO that updates monthly.
Highest level of late for EQ is 90d.
Highest level of late for EX is 180d.
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
Sorry, only EQ has a CA, so EQ is a PR scorecard. EQ is giving the "many nrw accounts" negative reason code.
TU and EX have no CAs, so not PR scorecards. Only EX is giving the "too many new accounts" negative reason code from EX Bankcard 2.
Sorry, it can be so confsuing when there are so many differences among the bureaus.
@Anonymous OK yeah I think I misunderstood. You're not getting the new account reason code anywhere for version 8/9? Not with a 60 day late or worse? You are getting the new account code only on score 2 which Experian has delinquencies, but they're all over two years old correct? Or not unpaid and regularly updating correct?
false alarm maybe Rev.
EQ bankcard 8, if that counts as 8 lol
And yes, 1 CO updates monthly for both EX and EQ.
Last actual "late" was 7/2016, aside from the CO that updates monthly.
Highest level of late for EQ is 90d.
Highest level of late for EX is 180d.
@Anonymous I am at a total loss to explain this. this goes against what we know, unless this is a glitch, it doesn't make sense. @Revelate !? @Thomas_Thumb !?
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:@Anonymous curious, If "account/current status" says current, but is chock full of lates, what does that do?
Not to jump in on the thread, but accounts went from "120d+ late" to "current", but lates were not removed. Does this change anything regarding scorecard assignment or anything else?
@Anonymous from what I see it appears the algorithm goes from the text field not the Payment grid. It would be nice to know that for sure by comparing Reason Codes. We know there are no 'new account' reason codes in a dirty card. So if someone's only dirty had your situation you're proposing, we would need to look for a new account reason code on one of the versions.
Is this different than the "new account" negative reason codes you are talking about?
@Anonymous yes that new account reason code is only supposed to show up on clean cards. That's score 8. Who's is that? That would mean no 60 day late or worse anywhere on record.
PR scorecard. 1 CA, 2 COs. Variety of lates, not as many as TU or EX. This is SO's EQ. It is also on EX F3. Non-PR dirty scorecard. No CAs, 2 COs, and lots of lates.
@Anonymous wait a minute, stop the presses. You said one CA and then you said no PR. Which one is it? Either way how does it have a new account reason code? @Revelate ???!!!
Sorry, only EQ has a CA, so EQ is a PR scorecard. EQ is giving the "many nrw accounts" negative reason code.
TU and EX have no CAs, so not PR scorecards. Only EX is giving the "too many new accounts" negative reason code from EX Bankcard 2.
Sorry, it can be so confsuing when there are so many differences among the bureaus.
@Anonymous OK yeah I think I misunderstood. You're not getting the new account reason code anywhere for version 8/9? Not with a 60 day late or worse? You are getting the new account code only on score 2 which Experian has delinquencies, but they're all over two years old correct? Or not unpaid and regularly updating correct?
false alarm maybe Rev.
EQ bankcard 8, if that counts as 8 lol
And yes, 1 CO updates monthly for both EX and EQ.
Last actual "late" was 7/2016, aside from the CO that updates monthly.
Highest level of late for EQ is 90d.
Highest level of late for EX is 180d.
@Anonymous I am at a total loss to explain this. this goes against what we know, unless this is a glitch, it doesn't make sense. @Revelate !? @Thomas_Thumb !?
Simple I suspect: EQ BC = industry option which has an overlay creating additional scorecards.
Our knowledge is based on Classic scores, FWIW I ignore BC anyway as something like one major lender uses it.
@Anonymous wrote:@Revelate OK that makes sense. I’ve heard about the overlay Scorecards for industry options. So seeing a new account negative reason code to determine whether in a clean or dirty card is limited to classic neg reason codes then?
To my knowledge that is accurate.
Industry options weight different things and have different reason codes for their model or specific scorecards... like AU has lack of recent activity on an auto loan which exists nowhere else.
This is likely similar: if you are attempting to determine specifically the risk of default for a credit card app, the most recent opening (or several hi spree) are likely a more specific indicator than they would be on classic or AU scores.
Just have to be very careful assuming that anything in the industry options of a given FICO model actually applies to the Classic score.