I think FICO9 is broken

[Revelate]

At one point in my history when I still had access to F9 scores, it sure looked like I lost 40 points from a single inquiry.

I don't really see why this is necessarily a big deal, F9 appears to place far more emphasis on recent actions than prior algorithms and you're coming from an exceptionally high score and afterwards are still at.... an exceptionally high score.  See where you're at in 6 months as that was when my score recovered from 780 -> 740 -> 780 again roughly, I'm nearly 100% confident inquiries are handled differently than in previous generations I just never had enough data to really try to tease it out.

[AzCreditGuy]

@Meanmchine overall UTI from 30% to 8% ....paying down a personal loan from 15% to 78% paid off

[Anonymous]

It looks like the presence of an open installment loan changes the weighting on some other factors. Every time I see a major difference between 9 and 8's on someone's profile, there is a derogatory present or there is some kind of open loan with a balance above 9%.

I didn't even get 'Too many inquiries last 12 months' going from 0 to 2 inq's at EX in February. Reason statements didn't even change. -7 points. 1 closed loan and 2 cards when these 2 inq's showed up.

My 9's and 8's are always fairly close - it's the older 5,4,2 models where I see the most difference.

That full EX 1B report via myFICO is here: Inquiry Damage to a Clean/Young/Thin File 

FICO 9	EX	748	-7	741
	Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history

[Jannelo]

I only know my Equifax FICO 9 score, but it's a huge improvement compared to my FICO 8.

As of a few days ago:

Equifax FICO 8 - 668

Equifax FICO 9 - 727   

[Revelate]

Could be @Anonymous , my 40 point confusion was on a dirty file.

It would make some sense: F9 puts more emphasis on new stuff, and you can get 780+ with a file that never cleared 700 on EQ FICO 5 for example just by being clean for for some period of time.

Inquiry or some other thing indicating risk might be enough of a trigger for derog + recent vs derog + no recent issue.  Issues in past, vs no issues in past, inquiry could well be different in the data analytics.

Not saying this is necessarily a segmentation thing in the bottom 4 scorecards, though actually, it might be.

Hard to say I didn't have much data and it could have been something else but anecdotally it matches your observation and it sort of tracks intellectually.

[ocheosa]

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@ocheosa wrote:

There is definitely a discrepancy between WF EX9 in comparison to other scores. My EX9 went down -15pts, the only change was an inquiry and two balances vs three reporting. EQ9 -4pt and EQ8 -1pt.

one of the reasons stated "No recent revolving balances" but there is one revolving card and one installment reporting with balances

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I think I figured it out. Looks like NFCU did not (or does not) report to EX. This is the first time I've only had that one bank reporting balances. Just checked TU8 +1 (discover) and it looks as if only the revolving balance was reported, not the installment. So there is a glitch somewhere.

[W261w261]

5/1 EQ8 700

5/4 EQ9 725

Thinnish dirty file, 2 cc, 1 store card, 1 SS loan Navy,

No EQ HP. UTIL 0%. (12)60-90 day baddies 19-24 mos back. 

But I have no collections, no rents. I'm thinking that F9 must be more centered on what's happened lately. In that respect it's more like my 790 Vantage 3, which I assume is way more forgiving of those 12 lates from 18 mos ago.

One thing that has not hit any CRA is my 3 new cards in the past 3 wks (Amex Gold, Amex Delta Reserve, Navy Sig Flagship) so 2 revolvers, 1 charge, and 1 HP) Interested to see what happens to F8/F9 next month or two or 3. I have an EX subscription where I get unlimited EX reports, and the other two at the first of each month. All are F8, but I get a monthly F9 around the 1st from Navy, so it's a timely way to compare the two F8/F9 scores