Experian Fico 8 15 Point Drop

[AllZero]

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@Anonymous wrote:

Should I contact EX and see if they can help at all?

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To answer your question, I'm not sure Experian can help. The are only reporting the data provided to them by your lenders.

[AllZero]

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@Anonymous wrote:

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@AllZero wrote:

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@Anonymous wrote:

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@AllZero wrote:
Not including your charge card, how many revolvers are reporting a balance, zero?

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Two. The other 3 have a balance and have a percentage around 1%

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Other 3? Can you elaborate?

1 is a charge card. 2 are revolvers. Where did this other 3 come from?

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5 Credit Cards and 1 Charge Card.

CFU had a reported balance of $44/5000

RedCard had a reported balance of $48/12000

WF Propel had a reported balance of $28/3000

It had a $0 balance

MSCGU Visa had a $0 balance

Amex Gold had a $112 balance

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Thank you for the extra data points. It does help clarify matters.

Definitely, we can rule out the all zero penalty.

There's something else going on with your report. You'll have to go through it line by line, checking before and after.

[blindambition]

I think they got penalized for more than 50% of cards reporting.

[AllZero]

IIRC, since utilization is low per account, EX 8 is rather bullet proof with number of accounts reporting a balance. So there should be no penalty if you exceed 50%"of accounts reporting a balance.

[AllZero]

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@blindambition wrote:

I think they got penalized for more than 50% of cards reporting.

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I thought so too. I had to refresh my memory with BBS's testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/From-AZ-gt-AZEO-gt-100-w-balances-data/m...

[Anonymous]

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@AllZero wrote:

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@Anonymous wrote:

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@AllZero wrote:

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@Anonymous wrote:

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@AllZero wrote:
Not including your charge card, how many revolvers are reporting a balance, zero?

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Two. The other 3 have a balance and have a percentage around 1%

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Other 3? Can you elaborate?

1 is a charge card. 2 are revolvers. Where did this other 3 come from?

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5 Credit Cards and 1 Charge Card.

CFU had a reported balance of $44/5000

RedCard had a reported balance of $48/12000

WF Propel had a reported balance of $28/3000

It had a $0 balance

MSCGU Visa had a $0 balance

Amex Gold had a $112 balance

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Thank you for the extra data points. It does help clarify matters.

Definitely, we can rule out the all zero penalty.

There's something else going on with your report. You'll have to go through it line by line, checking before and after.

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I've gone through everything on the free report EX gives you. I'm not sure if there is anything else to go through. 

[blindambition]

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@AllZero wrote:

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@blindambition wrote:

I think they got penalized for more than 50% of cards reporting.

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I thought so too. I had to refresh my memory with BBS's testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/From-AZ-gt-AZEO-gt-100-w-balances-data/m...

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A couple times showed profile specific. Other than that, OP needs to comb line by line.

[AllZero]

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@blindambition wrote:

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@AllZero wrote:

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@blindambition wrote:

I think they got penalized for more than 50% of cards reporting.

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I thought so too. I had to refresh my memory with BBS's testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/From-AZ-gt-AZEO-gt-100-w-balances-data/m...

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A couple times showed profile specific. Other than that, OP needs to comb line by line.

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@Anonymous.  Where you reporting 3 of 5 revolvers for last month and the month prior? What about your charge card? Look for the small details.

[Anonymous]

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@AllZero wrote:

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@blindambition wrote:

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@AllZero wrote:

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@blindambition wrote:

I think they got penalized for more than 50% of cards reporting.

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I thought so too. I had to refresh my memory with BBS's testing.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/From-AZ-gt-AZEO-gt-100-w-balances-data/m...

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A couple times showed profile specific. Other than that, OP needs to comb line by line.

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@Anonymous.  Where you reporting 3 of 5 revolvers for last month and the month prior? What about your charge card? Look for the small details.

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Ok so I looked at balances reported on or before January 22nd because that was the last day I saw a 759 score. The WF Propel had a $0 balance reported, while the CFU and RedCard had a balances within a few dollars of the previously mentioned balances. 

[AllZero]

To clarify, you were 2 of 6? Then, when you went 3 of 6?

3 of 6 is when the 15 point penalty occured?