Just a random question -
My EX dropped 6pts overnight, which wasn't entirely unexpected - my Disco posted and my aggregate utilization went from a rounded 9% (8.8% actually) to 10% (actual 9.3%). Card went from 11% to 21%, so nothing remarkable there.
But my negative reasons also changed and I was wondering if anyone has noticed any kind of interplay between loan util % and rotating % (like, FICO starts to care more about your loan % when your aggregate starts getting "too high").
The loans have not changed - Student loans are 80% (reports ~8th) ; Auto loan is 97% (usually reports ~6th); aggregate for loans is 87.93%
I just didn't expect it, and I was wondering if this is something I've just missed while reading the forums, though I have seen some of the talk of percentages vs flat dollar amounts, which could also be at play here, I suppose. I do not think my credit limits/utilization or loan amounts are high, interesting, or excessive, but one never knows.
FICO 8 CMS's do some wonky things when it comes to suppressing negative reason codes: I *know* I have more than 2 things wrong with my Equifax file and the fact that myFICO truncates them is something I have complained bitterly about to FICO when I was a moderator... they said they'd look into it but they never fixed it.
As a result I suspect your loan balances reason code is still there just it's getting suppressed by myFICO's suck implementation, and it's truly stupid, it's one of the few product things I think they're flatly awful on.
What it means is some things like this can't be used as reference, and that's just lame obfuscation especially when full reason codes are provided elsewhere (though I also hate the decision not to provide them after some threshold, because "they might confuse us" thanks for treating us all like idiots).
@Revelate wrote:FICO 8 CMS's do some wonky things when it comes to suppressing negative reason codes: I *know* I have more than 2 things wrong with my Equifax file and the fact that myFICO truncates them is something I have complained bitterly about to FICO when I was a moderator... they said they'd look into it but they never fixed it.
As a result I suspect your loan balances reason code is still there just it's getting suppressed by myFICO's suck implementation, and it's truly stupid, it's one of the few product things I think they're flatly awful on.
What it means is some things like this can't be used as reference, and that's just lame obfuscation especially when full reason codes are provided elsewhere (though I also hate the decision not to provide them after some threshold, because "they might confuse us" thanks for treating us all like idiots).
Couldn't agree more with @Revelate. Any reason that's given when one has a clean profile is always wonky. I have come to ignore any of those reason codes especially with the way I pay bills (at times 2x-3x a month and including auto-pay setup). I wouldn't bother with the reason codes, it's just FICO's way of giving people heart attacks.
