@Anonymous wrote:My current EQ score is 642. Current EX is 644.
The MyFICO calculator estimates that if I pay off a certain amount of CCs, my EQ will increase by 20pts. The same amount will only increase by EX by 4. I tried running through what would happen if I paid down 99% - no dice, reducing my revolving debt only increased EX by 4 in any scenario.
I'm comparing my reports right now to find the difference, but don't see one. How can identical reports have such glaringly different results between two CRAs?
The algorithms are different; while optimal on one is pretty much optimal on the second (and third) the magnitude of the ups and downs isn't the same... they simply weight things differently, and it's been a common complaint of lenders too. FICO 8 was designed to improve that, with a range of 30 points between top and bottom bureau but it's still awkward given that Vantage is much much closer for that even for slight differences in reports.
