@Anonymous Birdman7 wrote:
My thoughts are you need to go line by line the day before and the day of on your Experian report and see what else changed that does not cause an alert!
I got a sneaky feeling that something else changed.
@Anonymous , the EX scores definitely reflect the length of time changes in MYFICO, I usually take periodic screenshots; this show February BEFORE I applied for any credit
(3 new cards) and now with the 4th (new BB&T BT card) and the 3 HPs since February. And it says seeking credit as a - negative red arrow, so my EX seems 😞 right now.
@Anonymous wrote:
You get hit for the hard inquiry whenever you apply. That is usually discrete from the other two changes which are simultaneously IF you do not have a revolver under 12 months of age.
Since you got revolvers in February, there was no AOYRA reset again, so you would’ve only had two hits, a hard inquiry when you applied and any potential AAOA hit whenever it reported, which would’ve been small.
So you need to find something else. The way you go back in time in Experian is you have to use the website instead of the app. Then when you pull up the report, it gives you the opportunity to change dates. That’s why it’s always good to pull your report every day so that it will be archived.
@Anonymous , you were correct. I pulled up the day before and the day after and the $939.00 payoff was a Trojan horse. I lost one of my oldest accounts which decreased my AOOA to 16 years from 20+ it seems?
That is the only major difference, I went from 1 open $600.00 revolver and 2 closed accounts, down to one closed account with the 4 new accounts and 4 new HP inquires. Bitter with the sweet, the oldest Bofa AU account also got taken off in March because of the dispute over the late payments.
I printed them out and I tried to upload the photos but it won't let me.
@Anonymous wrote:
Dang red herrings! Lol. Yep it seems like you may have found the real reason.
Wait a minute, clarify are you saying you went from 7 total accounts on your CR to 6? Could be thick/thin? That’s not a big difference in oldest account, but it would make a difference in average age. I got to go back and look and see what your point change was.
It dropped -34 points when that account aged off it looks like.
@Anonymous , I went from 8 to 7; 6 open and 2 closed to 6 open and 1 closed.
@Anonymous wrote:@CreditobsessedinFL Smells like a scorecard reassignment me. I think you just went to a thin profile.
I think it's more likely the thick/thin line is at 7/8 than the age of oldest account line is between 16 and 20 years.
and I definitely don't think it made enough of a difference on average age to change your scores that much. I wish we had before and after 3Bs. Any score change at the other two bureaus yet?
@Anonymous, nothing drastic at the other two, YET. But it seems like you are right once again, TU scores always lagged behind as they never had all of those old AU accounts and so it was always 30+ points lower than EX and EQ. I really benefited from having those old AU accounts to prop up my file, obviously. Now I guess I am on young/thin on both EX and TU. I am going to scope out who pulls EQ in the forums for future apps and also see when my old cards will fall off of my EQ, so that I am at least prepared for the drop. Thanks for helping me solve the mystery.