Is this some bull, or is this some bull?
I've seen that reason code on some of my EX scores (tho not the basic 8 or 2, where CCT won't show them to me). Since I've never had a late payment, I assume it doesn't just refer to recent delinquency, despite the wording. After a recent discussion with @Anonymous and others, I wonder if it is excluding accounts that have been inactive for a certain period of time from "currently paid as agreed", since those accounts don't have recent payment activity for the algo to score.
@Slabenstein wrote:I've seen that reason code on some of my EX scores (tho not the basic 8 or 2, where CCT won't show them to me). Since I've never had a late payment, I assume it doesn't just refer to recent delinquency, despite the wording. After a recent discussion with @Anonymous and others, I wonder if it is excluding accounts that have been inactive for a certain period of time from "currently paid as agreed", since those accounts don't have recent payment activity for the algo to score.
Yeah, so I do show 7 open accounts ( 4 revo, 1 install, 1 charge, 1 rent boost) in the 3B report paying on the Ex side, 17 in all. All in good standing.
I went and looked at old CCT pulls to double check, and here it is on an AU8 from Sept. BC8 from that date had it as well. I would love to know whether classic 8 did too, but, alas, they are suppressed.
@Anonymous wrote:OP, impossible to say if it's BS without knowing what your CR looks like.
Slab I have not heard of someone having that negative reason statement present without having late payments on their CR, so that's interesting that you've seen it on a clean file.
My main complaint was that they say High Achievers average 6, but my number they say I have is 6. Where's MY love?
I feel you, though. It seems misleading. "Paid as agreed" as if there are some that are not paid as agreed. I think they're mashing two demands into one sentence. Not only must you have a good amount of accounts, but you better make sure those accounts are paid as agreed.
@Slabenstein wrote:I went and looked at old CCT pulls to double check, and here it is on an AU8 from Sept. BC8 from that date had it as well. I would love to know whether classic 8 did too, but, alas, they are suppressed.
This exactly where I saw 'Few Accounts Paid on Time' during my first 1yr 2mos of revolving credit history with only 2 cards on my file.
Always EX Auto 8 and EX Bankcard 8. I was seeing it on EX 8 right up until AoYA/AoYRA 3 months, and then I never saw it again.
One time at AoYA 11mo (still 2 cards) it popped up on EQ 5, but I've never seen it since.
After adding 2 cards to make a total of 4 open on file, it disappeared from EX Auto 8 and EX Bankcard 8 and I haven't seen it since across all 28 FICO scores on my monthly 3B reports.
I've always had 50% or more of cards reporting a balance (always at/or below 9%): 1-of-2, 2-of-2, 2-of-4, 3-of-4, or 4-of-4.
Maybe there is something to that 'payment inactivity' theory.
@LP007 wrote:Is this some bull, or is this some bull?
EQ 760 with a EQ FICO Resilience Score of 38. lol You're doing great anyway.
@Anonymous wrote:Slab, how many total accounts did you have at the time? If anything like Cassie, I'm imagining just a few?
At the time, which is now, truly 7 open, 17 total.