I somewhat doubt that 780's the top of the 30D late scorecard(s).
New accounts matter on the top 8 scorecards that a 30D late segments into (assuming nothing worse is on the file), so if you've beaten up your file lately that'll matter. Also we did get one old report of a 90D late with a higher score and while it was an outlier I'm not sure it's a bad one.
Installment utilization will also depress FICO 8 if yours isn't <8.9%.
Well a 30D segments no doubt, I assume it still tops your reason codes iced? While I have no doubt the 30D is keeping you below 800, if you got clean wouldn’t surprise me to see you break that in spite of the late too.
70% may not even be past first breakpoint and certainly isn’t ideal, my guess is you could break 800 if that installment loan was in the well known 8.9% territory... to say nothing of the new account / inquiry / possible revolvers with balances ding but wouldn’t think you would have much there unless you had all yours reporting a balance.
Sadly FICO 8 reason codes suck (unless you have the myFICO TU monitoring) would be interested to see yours.
I may find out in another 5 years or whatever my stats will look like yours then but probably will have those minor blemishes not there and also I suspect my mortgage will be paid mostly off by that point too or otherwise I will be playing reindeer games if it is fully paid.
I am kind of thinking once my CFA drops off and I clean up the new accounts and inquiries my EQ FICO 8 might be close to 780 even at the 3 year mark for the 30D since “recent” should be gone by then. Also unless my old installment data is totally wrong I should reach that first breakpoint by then: USBank auto loan plays nice and just kicked another 9K to it... three jobs makes the loan melt though that came to an end this week finally, need to clear out a backlog of documentation and rest up before trying 3 gigs again haha, 2 is enough for now.
70% may not even be past first breakpoint and certainly isn’t ideal, my guess is you could break 800 if that installment loan was in the well known 8.9% territory... to say nothing of the new account / inquiry / possible revolvers with balances ding but wouldn’t think you would have much there unless you had all yours reporting a balance.
Sadly FICO 8 reason codes suck (unless you have the myFICO TU monitoring) would be interested to see yours.
I may find out in another 5 years or whatever my stats will look like yours then but probably will have those minor blemishes not there and also I suspect my mortgage will be paid mostly off by that point too or otherwise I will be playing reindeer games if it is fully paid.
I am kind of thinking once my CFA drops off and I clean up the new accounts and inquiries my EQ FICO 8 might be close to 780 even at the 3 year mark for the 30D since “recent” should be gone by then. Also unless my old installment data is totally wrong I should reach that first breakpoint by then: USBank auto loan plays nice and just kicked another 9K to it... three jobs makes the loan melt though that came to an end this week finally, need to clear out a backlog of documentation and rest up before trying 3 gigs again haha, 2 is enough for now.