wrote:Interesting tidbit on my credit reports (I subscribe to Ultimate 3B here on myfico.com).
Not sure whether this is due to something aging or if it's something else, hoping all of you experts can help me nail this down.
I recently got a CLI on my CapOne ($7450 to $9450) and it just reported on TU and EX (no alert on EQ, though I'm not sure the Ultimate 3B gives an alert on EQ for this type of thing, though it did for TU/EX).
On 2/1 I got the TU alert that the CLI was reported and my score increased 3 points (786 to 789). I figured it meant something aged but the alert is actually dated 1/31.
On 2/2 I got the EX alert that the CLI was reported and my score increased 2 points (785 to 787).
Here are some facts about my profile:
My overall reported util is $727/$98950 (overall CL will increase when my second BofA reports), or 0.73% (prior to the CLI reporting it was 0.75%). AZE2: Individual util on those two cards is $106/$5300 (2.00%) and $621/$18700 (3.32%).
I can't explain the score increases other than that something aged but the TU 1/31 report date is throwing me, even though I didn't get the alert push notification until 2/1.
No inq's fell off. TU inqs are 9/1/17, 11/21/17, 1/24/18; EX inqs are 3/15/17, 9/1/17
I don't think the CapOne account could be considered previously dormant, last statement was 12/2017.
As of February 2018:
AAoA: 4 yrs 10 mos.
Youngest account (mortgage): 4 mos.
Youngest revolver: 1 yr 7 mos.
Oldest account (student loan): 13 yrs 10 mos old.
Oldest revolver (which happens to be closed but I don't think that matters for this discussion): 7 years (possible cause?)
The only other account that I see hit any possible age threshold is another closed revolver which aged to 6 years
So, in summation, I'm amused by the unexpected increase but the analyst in me is curious as to what the cause could be. Anyone have any thoughts?
2 or 3 points is nothing. Your scores go up as time goes by.
Yeah maybe. Certainly not a huge bump but there had to have been something that caused it. I don't think FICO is in the habit of giving away points, even just two or three! My question pertains to what could have caused it. 