I just found another page, "Understanding Your FICO Score", where they "explain" what is hurting me. On the current report, they say I'm being hurt because I have a consumer finance account. THAT makes no sense, because I have no new consumer finance accounts, this was NEVER mentioned as a problem before (including May 5), and they say I have 4 consumer finance accounts, which I don't. I have, and have had since the beginning of 2007, 3, one of which is an auto loan. Do they count it as a consumer finance loan if it's for an auto? I checked, it does say Auto Loan on the listing.
Could they somehow be counting the Credit Union loan as a consumer finance loan?
Here's what they list as problems with my score at 602:
Heavy Use of Revolving Credit, 57% - This was 83% on March 1, at 623, and 76% on Mayy 5, at 658
Recently Opened a New Account, the $2,500 credit Union Loan last month, but 56 points??? This category is not on the Nar 1, 623 point report, but is on the May 5, 658 point, report, saying 10 months ago. I guess you get this if you opened ANYTHING in the last year.
Short Credit History, 9yrs 9 mos, avg age 3 yrs - Mar 1 (623) 9yrs 7 mos, same avg age and May 5 (658) Same As Today
Consumer Finance Account, 4 accounts - NOT, at MOST 3, one of those an auto loan, and this was never mentioned before.
And that's it. However, except for the new account and Consumer Finance thing, which is wrong anyway, Mar. 1 (623) had the same categories, with worse specific numbers, PLUS:
A Serious Delinquency AND a Collection, 3 accounts with 60+ day lates and 1 collection
AND Recently Been Looking For Credit, 6 inquiries.
And except for the new account and the incorrect Consumer Finance thing, May 5 (658) had:
Heavy use, but with a 76% instead of the 602 report's 56%
Short Credit History, identical to the 602 report's
Recently Been Looking For Credit, 5 inquiries (This one not on the 602 report at all)
Recently Opened a New Account, 10 months ago - They swap the 10 months ago one for the credit union one on the 602 report
All in all, it seems like the negatives they list are as bad on the May 5 (658) report and are even worse on the Mar 1 (623) than they are open the new May 10 (602) report, except that consumer finance entry which is not even accurate. Could THAT be costing me 56 points?
Oh, by the way. I don't REALLY have a late 5 yrs and 11 mos. ago. That's an account where the Date of Last Payment was August 2001, with the Date of Delinquency September 2001. What happened was that for some weird reason they listed Date of Last Payment as being when they sent it to collection, in 2002. I've got a dispute in, trying to get that fixed.