@Revelate wrote:Winning!
Data is as good as I can get, had score confirmation that both FICO 8 and FICO 5 hadn't changed from the first datapoint as of end of last month July so this is probably very solid.
The tax lien was the last bit of serious dirtiness on my report, so I'm now in a clean bucket. Interestingly the reason codes between FICO 8 and FICO 5 are identical now, which is really strange as only FICO 9 is now complaining about installment utilization even though we know absolutely that it counts on clean FICO 8 files. Ergo it's not in my top 4, if I didn't have the CFA though maybe it'd be on there.
Also CFA's, both FICO 5 and FICO 8; but NOT on FICO 9.
1 scoreable inquiry.
AAOA 42 months, aka 3.5 years.
Consumer Finance Account on file
AOYA, which is now listed as a problem in reason codes, 7 months ago so apparently no six months seasoning boundary.
Installment utilization 90%, is still listed on FICO 9 as a problem but not anywhere else.
Oh yeah, FICO 9 Classic: "Because your score is high, negative score factors present with your score are less relevant and therefore not provided."
Ah hell, I'm kinda too giddy to type, if you have questions, feel free to ask, the win:
EQ Score 6/25/17 8/5/17 Change FICO 8 735 795 60 FICO 8 AU 739 809 70 FICO 8 BC 749 819 70 FICO 5 698 771 73 FICO 5 AU 685 780 95 FICO 5 BC 715 784 69 FICO 9 790 819 29 FICO 9 AU 786 831 45 FICO 9 BC 788 830 42
Wow. Congratulations!!!!!!!!!!!!!!
@Thomas_Thumb wrote:
@Revelate wrote:Winning!
Data is as good as I can get, had score confirmation that both FICO 8 and FICO 5 hadn't changed from the first datapoint as of end of last month July so this is probably very solid.
The tax lien was the last bit of serious dirtiness on my report, so I'm now in a clean bucket. Interestingly the reason codes between FICO 8 and FICO 5 are identical now, which is really strange as only FICO 9 is now complaining about installment utilization even though we know absolutely that it counts on clean FICO 8 files. Ergo it's not in my top 4, if I didn't have the CFA though maybe it'd be on there.
Also CFA's, both FICO 5 and FICO 8; but NOT on FICO 9.
Ah hell, I'm kinda too giddy to type, if you have questions, feel free to ask, the win:
EQ Score 6/25/17 8/5/17 Change FICO 8 735 795 60 FICO 8 AU 739 809 70 FICO 8 BC 749 819 70 FICO 5 698 771 73 FICO 5 AU 685 780 95 FICO 5 BC 715 784 69 FICO 9 790 819 29 FICO 9 AU 786 831 45 FICO 9 BC 788 830 42
Nice increases!
So do you think your FIco 8s are lower than Fico 9s due primarily to the CFAs? SJ has higher Fico 9s as well but no CFA. My Fico 9 enhanced scores almost always lag Fico 8 enhanced by a significant margin. Never figured out exactly why - but I do know some Fico 9 enhanced scores top out under 900.
True that (a) I have no CFA's and (b) my FICO 9's are higher than my FICO 8's.
But the Bankcard & Auto versions are a mixed bag:
| EQ* | TU | EX | |
| AAOA (yrs, mos) | 2yrs2mos | 2yrs9mos | 2yrs9mos |
| Cards reporting | 7 of 29 | 7 of 29 | 8 of 29 |
| Cards reporting % | |||
| Inq under 12 mos | 6 | 5 | 17 |
| Revolving util % | 4% | 4% | 4% |
| Instalment bal/loan % | 4.80% | 4.80% | 4.80% |
| Scoring model | |||
| FICO9 | 810 | 812 | 804 |
| FICO8 | 777 | 803 | 785 |
| FICO5 Mortgage | 720 | *** | *** |
| FICO4 Mortgage | 753 | *** | |
| FICO3 | *** | 718 | |
| FICO2 Mortgage | *** | 719 | |
| Auto9 | 808 | 820 | 813 |
| Auto8 | 768 | 819 | 793 |
| Auto5 | 714 | *** | |
| Auto4 | 753 | *** | |
| Auto2 | *** | 721 | |
| Bankcard9 | 812 | 817 | 810 |
| Bankcard8 | 784 | 835 | 820 |
| Bankcard5 | 701 | *** | *** |
| Bankcard4 | 755 | *** | |
| Bankcard2 | 691 |
@Thomas_Thumb wrote:SJ,Thanks for sharing your data.
Your EX Fico 98 bankcard is shockingly low compared to your other Fico Bankcard scores. That's a rather strong indication that inquiries have substantial weight with that model AND that INQ bins likely continue beyond an INQ count of 9. Of course, the drop could relate to # of new accounts but, that should impact all CRAs in the same way. This supports the hypothesis that the older Fico 98 Bankcard model weighs inquiries rather heavily and that it has a high pleaeau for saturation.
Agreed. That seems to be the case.
In general it seems the older models penalize new inquiries & accounts more than the newer models do.
Regarding Bankcard Fico 8 vs Fico 9, your data is a mixed bag as you say. Really nothing definite there. However, I do believe EQ does tweak Fico models (to the extent allowed) to add weight to # cards reporting balances - much more so than TU and EX. With Fico 9 such customization has been purposefully constrained by the model's core algorithm. Thus, the reduction in impact and your higher EQ F9 scores across the Classic, Auto and Bankcard models. What I find puzzling with your Experian data: Auto F9 score is 20 points higher than Auto F8 but, Bankcard F9 score is 10 points lower than its F8 counterpart.
As advertised Fico 9 has reigned in CRA customization - that is evident in the spread of your three CRA F9 scores compared to the same three F8 scores. Pasted below is data I have for spread on F9 and F8 for Bankcard scores.
Model Name Feb-16 Mar-16 Jul-16 Aug-16 Oct-16 Mar-17 EQ Bankcard 9 867 877 873 873 858 876 TU Bankcard 9 869 879 874 874 863 879 EX Bankcard 9 873 878 879 879 862 879 Spread 6 2 6 6 5 3 EQ Bankcard 8 874 882 881 876 881 887 TU Bankcard 8 880 899 881 886 873 899 EX Bankcard 8 895 898 900 892 891 900 Spread 21 17 19 16 18 13
Congratulations! That is wonderful! 
@Thomas_Thumb wrote:
@Revelate wrote:
@Thomas_Thumb wrote:
@Revelate wrote:Winning!
Data is as good as I can get, had score confirmation that both FICO 8 and FICO 5 hadn't changed from the first datapoint as of end of last month July so this is probably very solid.
The tax lien was the last bit of serious dirtiness on my report, so I'm now in a clean bucket. Interestingly the reason codes between FICO 8 and FICO 5 are identical now, which is really strange as only FICO 9 is now complaining about installment utilization even though we know absolutely that it counts on clean FICO 8 files. Ergo it's not in my top 4, if I didn't have the CFA though maybe it'd be on there.
Also CFA's, both FICO 5 and FICO 8; but NOT on FICO 9.
Ah hell, I'm kinda too giddy to type, if you have questions, feel free to ask, the win:
So do you think your FIco 8s are lower than Fico 9s due primarily to the CFAs? SJ has higher Fico 9s as well but no CFA. My Fico 9 enhanced scores almost always lag Fico 8 enhanced by a significant margin. Never figured out exactly why - but I do know some Fico 9 enhanced scores top out under 900.
Hard to say, datapoints around FICO 9 are so rare and the reason codes are pretty generic for clean files on my industry options.... and I'm more than a little disappointed that I don't get reason codes on FICO 9 Classic, ah well one less reason to pull the reports from here I guess.
Tangent, but have you seen a cutoff for industry option reason codes like we see in the base FICO 8 / FICO 9 for people with high scores?
Yes and No. On industry options MyFico 3B reports stop listing reason statements when score is 850 or above. Their rule regardless of model is: If score is within 50 points of the model upper limit, then no reason statements. Just to clarify further I'm not talking real world maximums, I'm referring to the upper limit reported for the model range (i.e 900 for Industry Enhanced and 850 for Classic).
With my AT&T Universal Card (Citi) I get an EQ Fico 8 Bankcard score. That source does not discontinue listing reason statements - It still provided two reasons statements at a score of 892. For me, the monthly summaries have always listed the same two reasons regardless of monthly activity/score.
Interesting, I'm going to feedback that to my contacts at myFICO as product feedback, if the reason codes are coming from the bureaus they should be posted regardless of how relevant they may or may not be at the upper eschelons of scoring.
Thanks senor!
Very nice! Congratulations on the increase in scores!
No credit news is good credit news!
@Anonymous wrote:I just had my Equifax score jump from from 707 --> 762 on the Fico8, after it appears they dropped my Paid Federal Tax Lien that was filed May 2012 yesterday. Fingers crossed the other bureaus drop it as well. Any idea on why/when tax liens are removed from the file?
Most likely National Consumer Assistance Plan (NCAP): if it doesn't have your full and correct details to make certain it is matched with the correct file, it is deleted.
Congratulations!