@Anonymous wrote:
@Revelate wrote:
That said EX FICO 2, when I went from 3/35 total accounts to 4/35 total (open and closed) accounts with balance I did see a small drop so if we were thinking there's a 10% line in there, whee!
3/19 to 4/19 open accounts for reference, which sadly, is another pretty 20% number haha.
@Revelate Yes EX2 definitely includes closed accounts, imo, we found a 30% threshold and I really need to go back over my data but maybe a 15 and 20% threshold & from what you're saying, if there there's no other potential cause, then there may be a 10%, as crazy as that is.
@Revelate as a matter of fact since all my old data it was based on the misunderstanding that's why I'm re-running the test now.
It includes closed, so as crazy as that is...
It's a little hard for me during this pandemic to really test this. The move to paying more things by my phone doesn't help that either and I've been leveraging the Chase Pay Yourself Back for literally every expense I can trying to burn some UR at 50% bonus though the CSR is one of those wonky too big tradelines anyway. Hell I'm not even sure if I can find the rest of my deck of cards, clearly not important to my life.
3/35 = optimal
4/35 = ding, reason code (2 revolvers, 2 installment)
5/35 = no change
I have every intention of selling the LA condo which is going to zero out one of those installment lines, it's easy enough to recheck if the denominator stays the same. I should probably easily be able to get up to 8-9 accounts and will try to track that at least for lower tier breakpoints on my obese file, that'd be funny if I can barely even get to 50% of accounts reporting a balance, it just seems so absurd and antiquated that closed accounts count but it was a different time back then from a credit perspective.
