@Thomas_Thumb wrote:
@Revelate wrote:
@Anonymous wrote:
Sure thing. Shows my Inq's going from 4 to 5 as I had 4 same day back in Jan. for an auto loan that I didn't pull the trigger on. Front end shows those Inqs but actual CR showed only 1 inq as they grouped those into 1 so this Disco would be 2.
Fico 2 reason codes stayed exact same - seeking credit, missed payment and short account history (hmm)
Clean file except did notice 1 30 day late for Cap1 3 years ago, wierd since on auto pay but currenty trying to fight that one. No other deroq's.
I know I'll get a ding with AAoA when Disco hits, but hoping to gain a little something for adding my 2nd open account...
If you only have 3 reason codes now you'll probably tack on New Accounts somewhere in the 2-3 slot would be my guess when the Disco hits.
Basically the order matters, it takes an absurdly long time for the AAOA one to go away and with it's being in #3 for you means it's not especially relevant to your scoring, kind of like my percentage of accounts with balance dropped into #4 slot for me but hasn't all gone away.
Not certain how many scorecards FICO 98 had, but I suspect either the thin file or the 30D late might have more heavily punished the inquiry than what we typically see even from 1 to 2 anecdotally.
Fico 98 has 8 clean and 2 dirty scorecards - same as Fico 04. By comparison Fico 8 has 8 clean and 4 dirty.
The OP has no loans open or closed on File in addition to having only one open CC. So the OP suffers from a thin file due to lack of critical mass and lack of mix. A revolver only profile will be more reactive to changes in scoring attributes than one which includes installment loans in the mix. It's hyper skittish looking for threats from all directions. The older Fico models appear to be more reactive particularly if there is no installment loan on file - open or closed. Still, that magnitude of score drop for one incremental HP seems excessive.
If this HP only shows up on EX, the TU and EQ scores should not change until the new account shows up.
I love the way you assign a personality to an algorithm. Very well written 
@Thomas_Thumb wrote:
@Anonymous wrote:
@Thomas_Thumb wrote:Fico 98 has 10 clean and 2 dirty scorecards - same as Fico 04. By comparison Fico 8 has 10 clean and 4 dirty.
I thought Fico 8 was 8 clean and 4 dirty?
You are 100% correct. I must have been suffering a mental aberration. Hopefully it's an isolated incident.
Fico 98, Fico 04 and Fico 8 all have 8 clean scorecards. The difference is in the # of dirty scorecards. Fico 98 and Fico 04 having 2 derog scorecards for a total of 10 with Fico 8 having 4 derog scorecards for a total of 12. Fico 9 added a scorecard for high revolving utilization bringing total to 13.
Correction made in above post.
Dang, now I'm going to be "hyper skittish", looking in "all directions" for it to happen again
@SouthJamaica wrote:Dang, now I'm going to be "hyper skittish", looking in "all directions" for it to happen again
From "Hyper skittish" to "Back on Meds":
EX 2 @ 675: Short Credit History, No recent activity on credit cards, No recent activity on revolving accounts, Seeking credit
EX 2 @ 727 through 721: Short Credit History, Short Revolving History, Too many accounts with balances, Recently opened too many new credit accounts.