@Anonymous wrote:Hey SJ! I'll look forward to hearing what TT has to say.
In the meantime, can you remind us whether your profile is complely clean (derog-free) at all three bureaus? That will be helpful info in begining to assess whether you might (or might not) have crossed to a new scorecard. Also helpful to know is whether an derogs have left any of your reports in the 45 days before the two significant score boosts.
1 very old public record on TU
2 very old public records on EQ
Also, I am assuming that you are asking about the possibilty of a scorecard change because your profile itself (not just the scores) appears to have stayed the same in the last few months. In other words, there hasn't been a significant decrease in CC utilization, several cards going to a $0 balance, paying an installment loan down, etc. -- no ordinary profile change that would account for the big score increase. Right?
Right. The only change would have been negative, picking up a couple of new accounts (& of course inquiries) in latter part of year.
Finally, it would be interesting to hear about the following factors at the two bureaus where you had the big score boost:
a) # of accounts,
I have 15 revolving, 1 instalment
b) AAoA
EQ and TU say 42 mos, EX says 41
and c) age of youngest account.
EQ and TU say 2 mos
EX says 1 mo
TT has suggested before that these three factors may be used by FICO to determine which of the clean scorecards a person is put into.
I couldn't be in a clean scorecard yet, due to the old public records
It would be interesting to hear whether your AAoA crossed over into a new integer (and if so what that integer is).
Would crossing from 41 months to 42 months be a milestone? I doubt it
I also seem to remember that you opened some new cards in the last few months. It would be interesting to hear whether they began to report around the time that your score changed
No, before
-- and if so whether the age of your youngest account before that was 365+ days.
I wish. I opened 9 or 10 accounts in 2015. It was my acquisition and expansion year. Hopefully 2016 will be my seasoning year.
@Anonymous wrote:Interesting! It sounds like EX is completely clean, right? TU and EQ are the only reports with derogs?
Not at all, EX has 5 old public records.
Were the two scores that jumped also TU and EQ?
Yes
If so, does that mean that TU and EQ are now closer to the value of the EX score?
They're much higher
The three factors I asked you about later are rumored to be the things that might determine a scorecard for a totally clean profile, so as you say that hypothesis is irrelevant to what could have happened with your reports that are still dirty.
And your AAoA hasn't shifted to a new integer year value recently anyway.
Your score jump is certainly strange. Maybe something happened to cause it shift from one dirty scorecard to another. But the strange thing is that no derogs changed. None fell off recently, for example. The PRs just changed from being really old to really old and one month more. I assume that the PRs didn't cross over a year value? E.g. 4.9 years old to 5.0?
No PR's have fallen off for awhile, but they will all fall off this year, which is exciting
@Thomas_Thumb wrote:Hello SJ
Fico 8 has 4 dirty scorecards. I have not seen a classification on them so I took the liberty to name them as follows
1) Major dirt - Thin/young
2) Major dirt - Thick/seasoned
3) Minor dirt - Thin/young
4) Minor dirt - Thick/seasoned.
There really is no way I can tell if you moved from one dirty scorecard to another. Your responses to CGID filled in quite a few gaps. It certainly does not appear you went from young to seasoned. So, if you did change scorecards, the likely scenario is major dirt to minor dirt. Assuming that were true, less dirt could put you in a lower risk classification and boost score.
It could be major dirt to minor dirt; that might explain why EX, which has 5 old public records, 3 of them being exact duplicates of each other, has a much lower score for me than TU, which has 1, and EQ, which has 2. But the thing is, all 3 of those CRA's have had me at those numbers for months; nothing's fallen off lately. And this pop in the TU & EQ scores just came out of the blue a couple of days ago. Is it possible that the start of the new year causes them to rebucket?
Clearly your dirt is not evenly distributed across the CRAs so it is possible your scorecard classification could differ by CRA. I am still curious as to whether your aggregate CL (all open CCs combined) computes differently among the CRAs.
No, all three have me at 1% utilization
Thanks for sharing the data.
Thank YOU