Quick datapoint on individual tradeline utilization for the suite of Experian scores other than FICO 9, really cute was one was the drop in EX FICO 2 BC, but really a 16 point swing even in EX FICO 2 = get pretty for mortgage. I triple checked that BC datapoint too, good grief that's nearly 30D late territory at 1 year.
Profile:
AAOA 4 years 10 months
AOOA 11 years 2 months
AOYA 3 months
5 inquiries
33 total accounts
Only change on the report 1 revolver reporting increased balance (had a balance previously), all other revolvers flatlined at $0, everything else as tight as I can make it. Total CL is over 200k regardless of how they are counting things we're well under the 9% line.
701/25000 -> 8301/25000
2.8% -> 33.2% individual tradeline utilization.
Ballpark <1% aggregate to 4.2% aggregate.
Still in grace period so if someone wants another datapoint on the way down might be able to pick it up before I PIF, just let me know.
| 6/8/19 | 6/9/19 | Delta | New reason code | |
| FICO 8 | 794 | 790 | -4 | |
| FICO 2 | 777 | 761 | -16 | #3 High Credit Usage |
| FICO 2 AU | 793 | 778 | -15 | #3 High Credit Usage |
| FICO 8 AU | 804 | 800 | -4 | |
| FICO 2 BC | 791 | 754 | -37 | #4 High Revolving Balances |
| FICO 3 | 767 | 763 | -4 | |
| FICO 8 BC | 829 | 825 | -4 |
@Revelate wrote:Quick datapoint on individual tradeline utilization for the suite of Experian scores other than FICO 9, really cute was one was the drop in EX FICO 2 BC, but really a 16 point swing even in EX FICO 2 = get pretty for mortgage. I triple checked that BC datapoint too, good grief that's nearly 30D late territory at 1 year.
Only change on the report, 2 installment tradelines, 1 revolver reporting increased balance everything else flatlined at $0, everything else as tight as I can make it. Total CL is over 200k regardless of how they are counting things we're well under the 9% line.
701/25000 -> 8301/25000
2.8% -> 33.2% individual tradeline utilization.
Ballpark <1% aggregate to 4.2% aggregate.
Still in grace period so if someone wants another datapoint on the way down might be able to pick it up before I PIF, just let me know.
6/8/19 6/9/19 Delta New reason code FICO 8 794 790 -4 FICO 2 777 761 -16 #3 High Credit Usage FICO 2 AU 793 778 -15 #3 High Credit Usage FICO 8 AU 804 800 -4 FICO 2 BC 791 754 -37 #4 High Revolving Balances FICO 3 767 763 -4 FICO 8 BC 829 825 -4
What does BC refer to?
Never mind, I figured it out, BC = Bankcard, AU = Auto.
Sorry.
@Anonymous wrote:Hi Rev. While it's sort of implied here, I wanted to verify just to make sure. In taking this one revolver to > 28.9% utilization (up from single-digit utilization) did you have any other revolvers at > 28.9% (or 8.9%) utilization? I'm thinking no, but wanted to make sure.
Ah thought that I made that clear in my post, it is the only revolver with balance, everything else is $0. Reworded it slightly in the top post.
Well, the absolute dollars went up a lot.
Do you still have that 30d?
I wonder if a 30d tag, with large absolute value debt, could be a combination to raise risk under BC?
Do you have a toy limit to try 33% again, without the $8k debt?
@NRB525 wrote:Well, the absolute dollars went up a lot.
Do you still have that 30d?
I wonder if a 30d tag, with large absolute value debt, could be a combination to raise risk under BC?
Do you have a toy limit to try 33% again, without the $8k debt?
Oh the 30D late is over on EQ, EX deleted the account for literally no reason I can understand. I don't have good data on EQ though might get a quality EQ FICO 5 datapoint from DCU, I will see about getting a TU datapoint though for giggles which has a 60D late and therefore is in the derogatory scorecards. I never saw much of anything until an individual threshold much higher than this under my old scorecards back in the day, likely profile dependent. Also I think @Anonymous may have found some threshold on her profile at 4% aggregate IIRC, so that would be a useful thing to check too.
I don't have a toy limit anymore, I may ask for a CLD on Discover though which was the original reason I picked up that card as secured and then they graduated me and meh, no more chasing individual breakpoints. Let me think on that, can't see any real reason not to other than it would look a little strange.
ETA: Oh I do have that DCU secured card at $500, hrm I can probably find $166 or darned close to drop on that and get that datapoint for you, good call. Oh it's simple, I can just go make an estimated tax payment and dial in the pretty much the exact balance. I'll get that done this weekend and it will report end of the month.
@Anonymous wrote:Gotcha. Pretty wide range of point swings from 4 to 37 depending on model for an event that seemingly doesn't seem to be a huge deal.
Well note that the biggest swings were on the oldest model, all on FICO 2 (released 1998) and enhanced options, and FICO 8 barely moved: 4 points is basically an inquiry, no big deal as you suggest so that clearly changed in FICO's analysis sometime in the last 20 years. Also the strongest movement was on Bankcard Enhanced which we all kinda knew it should weight revolving information more heavily it's still interesting to me to see it play out so concretely on the older scores.
It was a cute little datapoint that happened to be clean, I can get a clean datapoint off TU too and I think that will nail down the profile dependent nature or maybe my older data was a little squirrley, I never did really get to walk a tradeline down through it's baby steps.
@Anonymous wrote:
@Revelate wrote:2.8% -> 33.2% individual tradeline utilization.
Ballpark <1% aggregate to 4.2% aggregate.
6/8/19 6/9/19 Delta New reason code FICO 8 794 790 -4 FICO 2 777 761 -16 #3 High Credit Usage FICO 2 AU 793 778 -15 #3 High Credit Usage FICO 8 AU 804 800 -4 FICO 2 BC 791 754 -37 #4 High Revolving Balances FICO 3 767 763 -4 FICO 8 BC 829 825 -4 You go from <1% to slightly above 4% aggregate and lose similar points - on the same scores - to what I gained from 9% to 4% (8.82 to 3.89).
Very interesting.
9%
AoYA 6mo
(Age only)
4%
05/10/19
Δ
06/01/19
Δ
06/07/19
EX FICO 8
719
+6
725
+3
728
EX FICO AUTO 8
705
+7
712
+3
715
EX FICO Bankcard 8
723
+6
729
+4
733
EX FICO 2
721
+12 733
EX FICO 3
718
+4
722
+3
725
EX FICO Auto 2
698
+11
709
EX FICO Bankcard 2
726
+13
739
Yeah I need to try to figure out how to test this concretely, unfortunately busy and I had a stray Cap 1 balance report (sigh $5 charge from testing the Apple Store broke this) but I can come back to this any time with the $166 experiment, so I may just worry about that in a month or two but you're right need to isolate 4% aggregate and maybe the size of the balance too.
I'm open to ideas on how to structure it, shift below 4% aggregate for next reported balance (I have enough in my checking account now to airstrike it) before PIFing it, try it at some other balance either to exclude the size of balance or try to nail down the percentage a little more closely and I haven't kept up with the latest trends in individual tradeline utilization.