@BallBounces wrote:
@calyx wrote:
@SouthJamaica wrote:
We will never be able to answer this question.
There are too many variables at play when someone has lots of negatives in their profile to isolate this one, relatively small, factor.
I think this is pretty true.
I've seen ~10 pt gains when crossing a 3mo old threshhold with my (formerly) dirty scorecards (not as dirty as the original post - 2 charge offs, 2-3 collection accounts), but the next 3mo threshhold will be on a clean scorecard (only EQ is dirty at this point and should be clean in Aug, my 3 mo mark is in Sept)...
Thanks for the input folks.
@calyx, ~10 points at 3 months, while not huge is certainly tangible. Any other derogitory aging that might have contributed to it?
All three scorecards at that point were pretty different, but the 11-12 bump was pretty uniform, so I assumed it was AoYA (of course, I've learned to track more factors now). 12/17/18 to 1/2/2019
EQ: AAoA 6y6m -> 6y7m AoOa 22y 10m -> 22y 11m 1% UTI 2/4 -> 1/4 Time since Neg = 5y -> 5y 1m Loan Util 98.1% -> 94.8% +11FICO8
EX: AAoA 4y5m -> 4y6m AoOa 14y 1m -> 14y 2m 1% UTI 1/4 -> 1/4 Time since Neg = 4m ->5m Loan Util 94.8% -> 94.8% +11 FICO8
TU: AAoA 1y8m -> 1y9m AoOa 5y 1m -> 5y 2m 1% UTI 2/4 -> 1/4 Time since Neg = 5y -> 5y 1m Loan Util 94.8% -> 94.8% +12 FICO8
Single installment loan (student loan), and the young "time since neg" on EX wasn't correct, but since my stuff was all aging off soon, I didn't sweat it (DoFD 7/2012-8/2012 depending on the CRA).
2 Charge offs and Collections each on EQ and EX, No Charge-offs, just 2 collections on TU.
The only other change (which I didn't note at the time) was that EX had 1 of 4 accounts reporting on each date, TU and EQ both went from 2 -> 1 reporting of 4.
Happy practitioner of AZE7or8or9or10 | Team Finances > FICO
