Well with my tax lien gone and I think my revolving utilization pretty much as good as it's going to get (though I'm going to get to 1 revolver with small balance shortly)
756 FICO 8
741 FICO 2 (mortgage trifecta member yay!)
This is with a 30 day late, and a 30/60 day late from Apri / July/August respectively from 2010. This is also with assuredly not pristine installment utilization but post-mortgage there's nothing I can do about that for a while and lots of money.
Also this is with only 3 years AAOA which I'm nearly 100% confident counts the same as 2 years, and oldest tradeline at 9 years.
@sjt wrote:
@Anonymous wrote:For clean profiles, scorecard assignment in FICO 8 is based on three factors:
(1) Age of oldest account
(2) Age of youngest account
(3) Total number of accounts (i.e. whether or not you are a thin profile)
"Dirty" profiles are those with some significant derogs, and their scorecard assignment criteria are different., A few 30-day lates will not cause a profile to be classified to one of those dirty score cards; you typically need something a bit more serious.
I am guessing that you may have some derogs. If so, can you tell us what they were?
I note that your utilization just dropped by 50% and it is now below 30%. That means it was around 80%. That's a huge change in a major scoring factor. You shouldn't be speculating about a hypothetical animal like rebucketing when you have a rhinoceros staring at you.
You also wonder whether a score change might be related to "my final last payment aged 1 yr today." Age of last payment to an account is not a scoring factor in any FICO model. (FICO models currently only consider payments in the sense that it will record if a creditor reports that you are late on a payment. Otherwise it does not track when you make payments and how much. Future FICO models probably will do that, but none do so now.)
Can you get "rebucketed" with a dirty file? If so, what are the parameters?
Presense of a PR/collection is the big one, seemed fairly clear I changed buckets for the week my tax lien was off but I would suggest I wasn't on a clean scorecard from the resulting score from my 2010 lates.
Beyond not really certain on them, presumably either age of file or age of said PR would be fairly logical, I've never taken a beating with new tradelines reporting on my dirty file unless I went over an AAOA boundary (only one I found there was at 2 years) so I don't think new credit has anything to do with it at least if you're in the PR set of buckets.
I did have the new credit flag pop up though on a number of Experian models when my tax lien disappeared, so that might apply to people with just deliquencies, though I saw some oddities in the revolving utilization calculation after the tax lien vanished but this was probably a limitation in the monitoring solution rather than anything "new."
@Revelate wrote:Well with my tax lien gone and I think my revolving utilization pretty much as good as it's going to get (though I'm going to get to 1 revolver with small balance shortly)
Congratulations
756 FICO 8
741 FICO 2 (mortgage trifecta member yay!)
Nice
This is with a 30 day late, and a 30/60 day late from Apri / July/August respectively from 2010. This is also with assuredly not pristine installment utilization but post-mortgage there's nothing I can do about that for a while and lots of money.
Also this is with only 3 years AAOA which I'm nearly 100% confident counts the same as 2 years, and oldest tradeline at 9 years.
Wow when you get rid of some of this easily-gotten-rid-of stuff your scores will be sitting pretty.
I assume you've sent in some verification letters on the 2010 lates.
@sjt wrote:So the removal of PR/Collections would get a bump and a rebucket.
LEts say your collections are older then 5 years and then you get them removed. What sort of bump in score can you get?
I have to assume I would've gotten at least 40 points on my file if I got fully clean and that's with limited age. Some people have reported even better over time.
@SouthJamaica wrote:
@Revelate wrote:Well with my tax lien gone and I think my revolving utilization pretty much as good as it's going to get (though I'm going to get to 1 revolver with small balance shortly)
I assume you've sent in some verification letters on the 2010 lates.
Heh tax lien is back and I got dropped back to 740 which pretty much confirms the 16 point swing on my file for the tax lien with lates still on there for FICO 8.
The 2010 lates are on a BOFA tradeline, when I checked into it years ago they were notoriously hard to deal with like 1/100000 on GW letters... wasn't worth my time and effort when nobody seemed to care from a UW perspective. They'll come off similar timeline to my tax lien so I'm not trippin.
@Revelate wrote:
@SouthJamaica wrote:
@Revelate wrote:Well with my tax lien gone and I think my revolving utilization pretty much as good as it's going to get (though I'm going to get to 1 revolver with small balance shortly)
I assume you've sent in some verification letters on the 2010 lates.
Heh tax lien is back and I got dropped back to 740 which pretty much confirms the 16 point swing on my file for the tax lien with lates still on there for FICO 8.
The 2010 lates are on a BOFA tradeline, when I checked into it years ago they were notoriously hard to deal with like 1/100000 on GW letters... wasn't worth my time and effort when nobody seemed to care from a UW perspective. They'll come off similar timeline to my tax lien so I'm not trippin.
Yeah but it's easy to send a verification letter. Just simple letter to bureau asking for verification. Sometimes the verification doesn't materialize & they drop it.
@SouthJamaica wrote:
@Revelate wrote:
@SouthJamaica wrote:
@Revelate wrote:Well with my tax lien gone and I think my revolving utilization pretty much as good as it's going to get (though I'm going to get to 1 revolver with small balance shortly)
I assume you've sent in some verification letters on the 2010 lates.
Heh tax lien is back and I got dropped back to 740 which pretty much confirms the 16 point swing on my file for the tax lien with lates still on there for FICO 8.
The 2010 lates are on a BOFA tradeline, when I checked into it years ago they were notoriously hard to deal with like 1/100000 on GW letters... wasn't worth my time and effort when nobody seemed to care from a UW perspective. They'll come off similar timeline to my tax lien so I'm not trippin.
Yeah but it's easy to send a verification letter. Just simple letter to bureau asking for verification. Sometimes the verification doesn't materialize & they drop it.
I don't want the tradeline deleted (it is my oldest and will prop up my limited history for another couple of years) and I don't think having them gone would get me either of the two credit products I want right now any more than having them still on there... so isn't much rationale in my book. I'm taking the 50% travel gig and as such my finances are going to be pretty fixed: cash influx but limited outflows that aren't reimbursed anyway. I won't be applying for anything after I sort out the CSR (or Amex plat, /sigh Chase) and a CU chip+pin card and already PC'd my Venture to quicksilver MC so I'm pretty much set at that point until everything comes off by late 2017.
Plus this is BOFA we're talking about not some fly-by-night lender. Just not worth poking the bear 
.
Besides I'm hitting my 5 year forum anniversary, the recent tax lien disputes not working out in my favor have soured me on getting impatient... Soon™ is soon enough.