@Curious_George2 wrote:Here's 13
This is:
13 | Time since delinquency is too recent or unknown | Missed and late payments, including the number of late payments, how late they were, and how recently they occurred, are an important part of your FICO® Score. Your score was hurt because the time since your most recent past due payment was too recent. |
How close is the explanatory text on myFICO to this one?
@Curious_George2 wrote:Here's 18
18 | Number of accounts with delinquency | Missed and late payments, including the number of late payments, how late they were, and how recently they occurred, are an important part of your FICO® Score. Your score was hurt because your credit report shows accounts with missed payments. |
I already had all the code numbers, short description, and official explanatory text since last year.
What I never had was a way to easily match the myFICO report 'friendly text' to the exact code in my list. Even though this was pretty easy to do after I clicked the MF reason statement and read the MF explanatory text. They aren't that far off usually, but some aren't so clear.
Generally, the MF explanatory text on the Report tab gives away which code/official-description it goes with in my score factors thread.
iv's extension makes it so much easier for everyone.
@Anonymous wrote:
@Curious_George2 wrote:Here's 13
This is:
13
Time since delinquency is too recent or unknown
Missed and late payments, including the number of late payments, how late they were, and how recently they occurred, are an important part of your FICO® Score. Your score was hurt because the time since your most recent past due payment was too recent.
How close is the explanatory text on myFICO to this one?
The Reason 13 explanatory text in MF is:
The presence of missed or late payments or derogatory indicators on a credit report, including the number of missed payments, how late they were and how recently they occurred, are correlated with future credit risk.
Generally speaking, people who consistently pay their bills on time are less risky compared to people with recently missed payments.
As missed payments age, they have less impact on a FICO® Score.
@Anonymous wrote:
Unfortunately, I temporarily canceled my myFICO Premier plan 6 months ago in December 2020. When I called to cancel the cancel I was informed that it couldn't be stopped (?!) and I'd have to resubscribe on Jan 11.
That erased all my past reports from history!
I never skipped a beat in credit monitoring with myFICO, and I have the downloadable 3Bs going back to Dec 2018 (when my credit file was 1yr old at all 3 CRAs), but those PDFs don't have the codes either. (Another thing that needs improvement.)
Funny...all the monitoring alerts are still there starting from January 2019, the month that my first 2 credit cards ever hit my file.
I wonder... are the reports gone, or just unlinked from your Past Reports list?
Do your PDF copies have the full rptid= string visible as a page footer? (The GUID used to ID each report?)
If so, does manually going to secure.myfico.com/report/fico_3_report_view/credit_data?rptid=GUID still work to pull the old reports up?
@Curious_George2 wrote:Here's how MF shows reason code 2:
Not sure if you want this info, but I have seen this on EQ5, EQ AU5 and EQ BC5.
Perfect, thank you!
That's exactly what we need - screenshot or copy/paste of the Code # and Score Factor text, along with the Score Versions and CRAs that it appears on.