I'm going to be pulling my 3-bureau report within the next several days.
I will be very curious to see if my EQ FICO 9 matches up with NFCU's version.
I have a hunch something is off with NFCU's software or with the data set they pulled.
It just makes no sense for people with major improvements in utilization to be greeted by a sinking score.
@Anonymous wrote:
They will be from different days right?
Yep
Have there been any changes?
Well obviously if there are major changes between July 3rd and the day I pull the 3-B report I will have to take that into account. I am expecting a change, a reduction in installment utilization, which may or may not be a score-changer.
I guess it just says your profile looks good on a high utilisation scorecard, SJ. At least you don’t look bad on a high utilisation scorecard!
Frankly, I suspect there's something off here. Ever since I have been following my scores, which is probably in the neighborhood of 5 years now, my FICO 9's have always been much higher than my FICO 8's. This sudden reversal smells fishy to me.
@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:
They will be from different days right?
Yep
Have there been any changes?
Well obviously if there are major changes between July 3rd and the day I pull the 3-B report I will have to take that into account. I am expecting a change, a reduction in installment utilization, which may or may not be a score-changer.
I guess it just says your profile looks good on a high utilisation scorecard, SJ. At least you don’t look bad on a high utilisation scorecard!
Frankly, I suspect there's something off here. Ever since I have been following my scores, which is probably in the neighborhood of 5 years now, my FICO 9's have always been much higher than my FICO 8's. This sudden reversal smells fishy to me.
@SouthJamaica well if you're telling me it did not do this before on version 9 and now it is, that is fishy.
From February, 2015, to May 5, 2020, my FICO 9's have been approximately 20-25 points higher than my FICO 8's, consistently, across all 3 bureaus.
So I'll be curious to see if my 3-bureau report reflects the funny business reflected in my July 3rd NFCU EQ FICO 9 update.
@Anonymous wrote:
And correct me if I’m wrong SJ, but you have exceeded that threshold before with a single card? And this didn’t happen previously?
I don't recall.
@Anonymous wrote:
@SouthJamaicaAre there any other differences between your profile then and now? Maybe it’s a two part thing where it requires high utilisation and something else?
I don't know of anything significant.
I'm not going to agonize over this.
If the 3 bureau report shows that there's something fishy about either NFCU's update or Equifax, then that's the end of the issue as far as I'm concerned.
If it doesn't show something fishy, and shows consistency with what NFCU reported, then I'll just be watching my scores to see if they return to their more normal pattern.