@Anonymous wrote:
@Thomas_Thumb wrote:BBS -
As with Revelate, you are on a dirty scorecard. Based on what I read above YMMV may vary regarding scorecard change associated with age of youngest account reaching 1 year. In fact, with Fico 08 the following was stated on page 24 of: Your Credit Score 4th edition:
TT, good info there. If that's the case, and I'm understanding it correctly, since I have a dirty scorecard the age of my youngest account wouldn't be factored into scoring since I possess a serious delinquency.
BBS, to clarify the above...
The text box lists the 3 factors that impact scorecard assignment for those with "clean" files and the two factors that affect scorecard assignment for those with "dirty" files. I would not read anything additional into the statement relating to how the factors impact score within a scorecard. In fact, I do believe youngest account(s) likely can influence score on dirty scorecards particularly for thin files.
