Fico Scores increased unexpectedly

[Anonymous]

My fico 8 scores increased this morning (Feb 1)

Experian 676  to   682

Transunion  690 to 697

Equifax  699 to 709

No change in my utilization to cause this, in fact, my aggregrate utilization went from 9 to 11%  Nothing with AAOA or AOYA or anything like that.

The only thing that I can think of is I have an inquiry from Discover (my 1st application with them that was denied) is a year old this month.

Has anyone else seen this big of a jump with an inquiry becoming unscoreable??

[thornback]

Inquiries become unscoreable exactly 365 days from the date incurred - so unless your inquiry was dated 2/1/2019, that is not the cause of the score change.

Since it happened on the 1st, and everything (except inquiries) ages on the first, I would assume it's related to some type of aging - could be oldest account, a derog aging, an unknown or mid-year AAoA threshold for your scorecard, etc.

In any event, Congrats!!

[Anonymous]

No, the inquiry happened closer to the middle of February.

My oldest account revolving wise is Capital one opened Oct 2018. My youngeset account is Chase opened in Nov 2019

My AAOA  is just a little under 4 yrs 5 months so nothing there.

Interesting though.

[thornback]

You say "oldest account revolving wise" - does that mean you have installments? If so, look at their ages. Also, any delinquencies that may exist; did a late payment notation maybe age?

You experienced nearly the same score change on all 3 bureaus on the 1st of the month, so really seems like an age factor.

[Anonymous]

Yes, I have multiple installments.

I have a current open Auto loan that is 3 yrs 2 months.

A closed one that is 10 yrs 3 months

My student loans are from 2011-2012, don't have the exact dates right off hand but they're 8-9 yrs old.

My negatives are 4 "90" day late student loans. The first string was 2 in Feb 2015, and the second string was 2 in April 2018, my cable collection was Dec 2014 (DOFD).

[thornback]

"The first string was 2 in Feb 2015"

Could be it, or at least a partial factor.. They hit 5 years old today.

[Revelate]

I think @Anonymous 's new file data showed gains at youngest revolver hitting the 3 month mark.  Sounds like this might apply to you as well if we're talking using revolvers to determine file maturity.

Somewhat similarly I had a 3 point gain today on EX FICO 8 and I haven't the faintest idea what it is honestly.  Going to have to go through things with a fine tooth comb and try to tease out what the difference, some aging factor presumably but the usual suspects don't seem like a thing.

Youngest: 4/1/19 (revolver specifically)

AAOA: 5 years + 5 months

Oldest: 11 years + 9 months

[Anonymous]

In the month of January, I had an increase from in the 660s, I think 665 to 677 from my utilization going to 9%, then I went up a point, why? I have no clue... then this increase today.

I have 2 accounts actually that are 3 months old... they were opened up within 2 weeks of each other.

[Anonymous]

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@Anonymous wrote:

My youngeset account is Chase opened in Nov 2019

That's it. In December it was 1 month old, January 2 months old, and now February 1 it's 3 months old.

I'm starting to call it 'Age of Youngest Revolving Account' (AoYRA) now after @Birdman7 found that installment loans don't reset AoYA.

Here's what happened at 3 months to all 28 FICO scores on my new-to-credit file:  https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/The-All-At-Just-Under-8-99-Utilization-experiment/m-p/5532039/highlight/true#M152188

[Anonymous]

Thanks, I think I remember seeing that thread.

I thought though, and maybe I'm mistaken, that AOYA turning 3months shouldn't see a score increase if you are in a dirty scorecard. Or is that something we're not exactly clear on?

Either way, dirty score card and all, my scores are steadily rising.. which is great