Score bump when AoYA reaches 6 months?

[Anonymous]

Great questions. If you were to get another revolver, you would take the full hit on version 8 and it would take 12 months to fully recover. ~15-20 points.

I can’t answer that question for older models because we don’t know the AoYA threshold for the older algorithms. However if you’re not getting any new revolvers or accounts, you can monitor your score on the first of every month and let us know when you get your awards for the older algorithms and that can help us discover that threshold. I hypothesize it is either at 18 or 24 months. What services do you subscribe to if I may ask?

Next we don’t know the exact numbers for thick and aged because those are proprietary secrets. However, we believe if you have 7 or more accounts on your credit report, open or closed, you are considered to be in thick file, conventional wisdom says.

EDITED PARAGRAPH: Likewise, the demarcation line between non-aged and aged is believed to be somewhere between 6 and 17 years, I believe it to be at the lower end of that spectrum.

Likewise I have discovered that installment loan does not reset AoYA for version 8, but I do not know that to be true for the older versions.

In order to determine that someone would have to wait for those points on the older algorithms and then open an installment loan.

Why do you believe you will get five points when one of your Cards turns 25 months old? And that very well may make sense on the older algorithms as I was just discussing.

[Anonymous]

sjt, just so you are aware not everyone experiences score gains at 24 months AoYA.  I'm not sure if I wrote it in this thread yet, but I received 0 Fico points across any of my 28 Fico scores when my AoYA (revolver) reached 24 months.  I did not see anything at 18 months, either; the only gain I saw was at 12 months AoYA.

[sjt]

Birdman7-

I subscribe to Experian. I get realtime FICO 8/FICO Earlier Version scores daily and EQ and TU FICO 8 scores monthly. 

The simulator shows the 5 point increase and historically I would gain 5 points after the 25th month. 

I will keep you posted on any changes.

[Anonymous]

sjt Good enough, all you have to do is check your scores on the last day the month and on the first of each month and see if you get any awards. At least we’ve got Experian covered.

Thank you I appreciate your data points and assistance.

Simulator could be predicting points from AAOA. Are your historical records taking into account and discriminating from AAOA? Because if there is an award at 25 months that could be a threshold. And if you have historical records where you have tracked that, that would be very interesting to know more about. I would love to learn and hear any information about that that you have.

BBS It does trouble me that you didn’t get any points on any models at 24 months and even more so that you did not at 18 or 25 either, I guess? But I must posit a question: Did you have a thick file at that point in time? Because I remember you speaking of having a thin file for many years.

[Anonymous]

sjt Do you have the ability to choose which day your data and scores are pulled for Equifax and TransUnion monthly? Is it an MF subscription? (I have EX Creditworks and MF premium.) If so, pulling on the last day of the month for probable thresholds such as 18, 24, and 25 months would be great, because then, if you saw the spike on Experian on the first and you were willing, you could pull a 2B on the first to find out the score changes at the other bureaus.

And as I’m sure you know, please try to keep all other variables constant between the last day of the month and the first day of the month, if possible.

Again thank you very much for your time and assistance in this. I think I’m gonna start a thread to see if anyone has realized an AOYA gain/threshold for the older models.

[Anonymous]

---

@Anonymous wrote:

BBS It does trouble me that you didn’t get any points on any models at 24 months and even more so that you did not at 18 or 25 either, I guess? But I must posit a question: Did you have a thick file at that point in time? Because I remember you speaking of having a thin file for many years.

---

My file has always been thick, I mean, at least as long as I've known anything about a Fico score and been a member of this forum.  I think you're thinking of me only having 1 revolver for nearly 15 years of my credit life... but that revolver was reported up to 5 times on my CRs, artifically inflating my file thickness and in addition to that I've had on average 4-5 installment loans present on my CR for over a decade.  I think when I found this forum I had maybe 12-15 accounts on my CR and now I've got 23-24, so my file has never been thin.

The point in time that I crossed to 24 months AoYA was earlier this year in April, so I had those 23-24 accounts on my CR. 

Prior to reaching 24 months AoYA when my AoYA was 23 months I intentially moved my revolvers from AZEO to NZ on purpose to deflate my scores as much as possible since several (All Fico 8s for example) were already maxed out and I wanted to be able to actually quantify the score gain realized when reaching 24 months AoYA without having to wonder if a buffer ate into the gain(s).  Since my EX Fico 8 score is bulletproof to number of accounts with a balance, it remained at 850, so I guess I can't say "all" 28 Fico scores didn't see a change; only 27 of them could be verified, but for me that's just about good enough to say all 28

[Anonymous]

Yes, only having the one revolver is exactly what I was misrecollecting, thank you for correcting me. Hmmm, well its not a thick/thin thing then. And I know you have like 17 yr AooA, so its not age either.

Did you artificially deflate for 18 and 25 months by chance? If not, are you maxed on all flavors?

I'll tell you what, watch the fico posts, I'm about to post something regarding disparity btw a MF EX CR and a EX CR. I'd like your thoughts, please.

[Anonymous]

---

@Anonymous wrote:

Did you artificially deflate for 18 and 25 months by chance? If not, are you maxed on all flavors?

---

For 18 months no, but I wasn't actually maxed out yet at that time; it wasn't until 19-20 months that I reached 850s on my Fico 8's due to a scoreable inquiry being present and AAoA coming in a little shy I believe.  For 25 months and several months after my number of accounts with a balance landed somewhere in the middle... not NZ as I did start reporting some $0 accounts, but I didn't go back to AZEO either.

I have never seen any of my other scores maxed out aside from Classic 8s.  My closest others (when at AZEO) have been EX BCE 8 of 899, TU BCE 8 of 896 and TU Auto 8 of 893.  It's been nearing 6 months though since I've "tried" to max my scores though, so perhaps I'm due to give it another shot.

[sjt]

Birdman7-

I have Experian CreditWorks and can pull all three on 10.1.19. Note, my auto loan reports on the first Sunday of the month and usually hits EX on Monday or Tuesday, later in the week for the other two. There have been times that I received a small bump when the auto loan updates, like on 9.3.19. I never thought the predicted 5 point bump on EX could be the result of my AAOA because it would not increase very much on 10.1.19. At most, it would be 4.8 years, which is an increase of 1 month. Interesting to note that the simulators did not predict an increase for EQ and TU, just EX.

It would be great if you started a thread on AoYA. 

[Anonymous]

Ha, considering I can make it longer than 6 months between apps. I don't think I'll ever see that 12 month AoYA score boost. I lose the points before even gain them!