FICO 662 Lower then last year ?

[aot2009]

Today I pulled EQUIFAX and found it's a low 662 which to me doesn't make sense when last year I was a 690 

The only thing that changed is my report dropped it's Chapter 7 in Feb and I closed my orchard account which was 900 dollar limit but no new negatives and inquiries are less then last year.

Your most recent late payment happened
5 Years, 6 Months ago

Ratio of your revolving balances to your credit limits 4%

Number of your accounts that were ever 60 days late or worse: 11

Number of public records on your credit report  1 Record  DISMISSED BK 13

Average age of your accounts  5 years

Your oldest account was opened  11 Years, 11 Months ago

Your applications for credit in the past year  4 inquiries

1 CHARGE OFF FROM 2006

[Anonymous]

Mine jumps around a tad too.

What comments were on your report when you had the 690?  If you can give us that info to compare with the new info, you'll probably get some great feedback from folks here.

Any new accounts?  That can create a definite score hit at our house.  As can so-o-o many other things.

[aot2009]

Actually now that I've compared from last july I found....

===============

I added a real estate account (bought a home)

I added a 500 line of credit from credit union showing as 0 balance and OTHER Account

I opened a credit card of 1700 dollars from barclays

Opened capital one credit card 700 dollars

I got a new car lease

I have two new accounts that are car loans that were opened but closed quickly in two months when I got money to pay them off unexpectedly

13 inquires before in July of last year

[Anonymous]

Ahhh!  

[llecs]

---

@aot2009 wrote:

Actually now that I've compared from last july I found....

===============

I added a real estate account (bought a home)

I added a 500 line of credit from credit union showing as 0 balance and OTHER Account

I opened a credit card of 1700 dollars from barclays

Opened capital one credit card 700 dollars

I got a new car lease

I have two new accounts that are car loans that were opened but closed quickly in two months when I got money to pay them off unexpectedly

13 inquires before in July of last year

---

That'll certainly do it. Could easily have been lower.

[aot2009]

Yup I forgot about the new items ... 

Currently AAOA is set to 5 years, with the two new car loans paid and on my account now 1 year old how long before they become something that helps my account?