Re: EX gains today, must be from an expiring scora... - myFICO® Forums

Ficoproblems247 · ‎09-23-2020

I woke up to some gains on my EX report today. I have had no accounts report since the 16th and will not have the next report for 2 more days so I know the changes are not triggered from anything new. I double checked yesterday's report with today's and my AAoA and AoOA are identical so it's not that either. The only thing it could be is an inquiry from 9/24/19 and a new opened account from 9/25/19. EX must be giving me back those points a day early. Also it's not a new account penalty because I have since opened revolvers on 10/4/19, 10/16/19, 2/21/20, 5/25/20, and 5/27/20. Basically everything except one revolver has been added over the last year.

EX Scores:

Score	9/22	9/23	Gain
FICO 8	731	734	+3
FICO 2	720	726	+6
Auto 2	725	731	+6
Auto 8	731	734	+3
BC 2	715	721	+6
BC 3	733	748	+15
BC 8	753	757	+4

Edit to add: I am currently at AZEO reporting with $54/$46,500.

Now, I know that the experts are going to next ask "Did your reason codes change?" The answer is yes, to two of them.

FICO Auto 2 OLD:

Bad payment history

Seeking credit

No loan activity

Short account history

FICO Auto 2 NEW:

Bad payment history

No loan activity

Seeking credit

Short account history

FICO Bankcard 3 OLD:

New account

Seeking credit

Bad payment history

No loan activity

FICO bankcard 3 NEW:

New account

Bad payment history

Seeking credit

No loan activity

Now since "seeking credit" dropped down a line on both of these I assume I am correct that this is due to the year old inq becoming unscorable at this point. The one outlier is FICO 3 with a 15 point jump! I still have 4 more scorable inq on my report with this one dropping off. I have 2 more inq againg to a year next month, however I believe that this will be largely overshaddowed by my most recent late payment aging past 2 years so those gains will be harder to track.

FICO 8 EX 836 EQ 838 TU 831
TCL $223,100

Anonymous · ‎09-23-2020

February had 29 days in it, so your inquiry did reach 365 days of age. The inquiry definitely became unscoreable.

Age of accounts factors only change on the 1st of every month, so any other time such as now you can eliminate those from the equation of being potential score-changing variables. An exception to that of course could be an account being added or removed from your CR mid-month.

Anonymous · ‎09-23-2020

@Ficoproblems247 wrote:

Now since "seeking credit" dropped down a line on both of these I assume I am correct that this is due to the year old inq becoming unscorable at this point. The one outlier is FICO 3 with a 15 point jump! I still have 4 more scorable inq on my report with this one dropping off. I have 2 more inq againg to a year next month, however I believe that this will be largely overshaddowed by my most recent late payment aging past 2 years so those gains will be harder to track.

EX 3 hates credit seeking behavior. lol

I had a EX 3 score of 763 in February with only 2 open revolving accounts and these aging values:

AoOA: 2 yr 2 mo
AAoA: 1 yr 6 mo
AoYA: 1 yr 2 mo

2 new inquiries (Amex/Discover approvals) on Feb 14 dropped EX 3 from 763 to 735: -28pts!

Even today, 7 months later, it's still down -44pts (719) from that 763 high before adding 2 new cards.

But that score is pretty much irrelevant anyway.

SouthJamaica · ‎09-23-2020

@Ficoproblems247 wrote:
I woke up to some gains on my EX report today. I have had no accounts report since the 16th and will not have the next report for 2 more days so I know the changes are not triggered from anything new. I double checked yesterday's report with today's and my AAoA and AoOA are identical so it's not that either. The only thing it could be is an inquiry from 9/24/19 and a new opened account from 9/25/19. EX must be giving me back those points a day early. Also it's not a new account penalty because I have since opened revolvers on 10/4/19, 10/16/19, 2/21/20, 5/25/20, and 5/27/20. Basically everything except one revolver has been added over the last year.

EX Scores:
Score
9/22
9/23
Gain
FICO 8
731
734
+3
FICO 2
720
726
+6
Auto 2
725
731
+6
Auto 8
731
734
+3
BC 2
715
721
+6
BC 3
733
748
+15
BC 8
753
757
+4
Edit to add: I am currently at AZEO reporting with $54/$46,500.

Now, I know that the experts are going to next ask "Did your reason codes change?" The answer is yes, to two of them.

FICO Auto 2 OLD:
Bad payment history
Seeking credit
No loan activity
Short account history

FICO Auto 2 NEW:
Bad payment history
No loan activity
Seeking credit
Short account history

FICO Bankcard 3 OLD:
New account
Seeking credit
Bad payment history
No loan activity

FICO bankcard 3 NEW:
New account
Bad payment history
Seeking credit
No loan activity

Now since "seeking credit" dropped down a line on both of these I assume I am correct that this is due to the year old inq becoming unscorable at this point. The one outlier is FICO 3 with a 15 point jump! I still have 4 more scorable inq on my report with this one dropping off. I have 2 more inq againg to a year next month, however I believe that this will be largely overshaddowed by my most recent late payment aging past 2 years so those gains will be harder to track.