So... an oddity that I wasn't expecting.
I've been flatlined (again) this time at 672 since 2/28 after I paid off my tradeline max testing Amex BCP (forgot I had this datapoint, $8269/9000, paid resulted in 21 point FICO gain so it does appear likely that 90% and higher are inclusive at least for max tradeline penalties), and incidently It stuck right there at 672 even with adding a new tradeline to my report: I did expect that because my AAoA didn't change whatsoever with the Fidelity card.
I pulled my Equifax report the other day via annualcredit reports: verified no scoreable inquiries, last one was from 1/13/13.
Now here's the wierdness: the expected inquiry that I received for the USAA secured loan I opened up, didn't budge my presumed EQ Beacon 5 (score's been flat, no email that I've been migrated and statistically this is the case with the rollout timeline) at all.
Inquiry count: 0 -> 1
Score: 672 -> 672
I know I've long since promoted inquiries are pretty minimal but this is strange as I would've for certain figured taking the first inquiry is a ding regardless of anything else in the report. Granted I've been recently thinking that my flatline times are either at the bottom or the top of a scoring bucket, that's about the only theory I can come up with on this particular one (e.g. my file sucks so badly an inquiry doesn't make it worse...), anyone else have any plausible suggestions on this?
You know I'd never thought of FICO's potentially calculating out to various decimal places and then rounding but I suppose that's possible; given the frequent onesie-twosie changes we see around balance reportings I made the assumption it was just integer numbers, but they could've used floats for calculation... not certain on that, high volume system floats are non-trivially more expensive than integer math even today and far more when the algorithms were first created.
Getting geeky again and off topic. Thank you for the WAGs!
My SW (up until yesterday when I was migrated) had been at 699 foreveeeerrrrr. I've had fluctuations in util by 10%, new TLs/inq's and inq's hitting their one year. In comparison wth the other bureaus, I did see the +/- you would expect based on the changes mentioned.
Keep in mind my EQ has a 9 yr old dismissed Ch13 whereas the other bureaus are clean.
Im curious to see if this new model will now mimic the changes I've seen on EX and TU.
The new model bumped me to 717, 35 points less than EX and 22 points less than TU.
@09Lexie wrote:My SW (up until yesterday when I was migrated) had been at 699 foreveeeerrrrr. I've had fluctuations in util by 10%, new TLs/inq's and inq's hitting their one year. In comparison wth the other bureaus, I did see the +/- you would expect based on the changes mentioned.
Keep in mind my EQ has a 9 yr old dismissed Ch13 whereas the other bureaus are clean.
Im curious to see if this new model will now mimic the changes I've seen on EX and TU.
The new model bumped me to 717, 35 points less than EX and 22 points less than TU.
Did you request an migration or was it just done with migration of everybodys account to eq08?
@mongstradamus wrote:
@09Lexie wrote:My SW (up until yesterday when I was migrated) had been at 699 foreveeeerrrrr. I've had fluctuations in util by 10%, new TLs/inq's and inq's hitting their one year. In comparison wth the other bureaus, I did see the +/- you would expect based on the changes mentioned.
Keep in mind my EQ has a 9 yr old dismissed Ch13 whereas the other bureaus are clean.
Im curious to see if this new model will now mimic the changes I've seen on EX and TU.
The new model bumped me to 717, 35 points less than EX and 22 points less than TU.
Did you request an migration or was it just done with migration of everybodys account to eq08?
No, I received an alert that my account was migrated. From what I understand, the initial roll out was limited to ensure the product was free of bugs. They are moving forward in larger numbers now.
@09Lexie wrote:
@mongstradamus wrote:
@09Lexie wrote:My SW (up until yesterday when I was migrated) had been at 699 foreveeeerrrrr. I've had fluctuations in util by 10%, new TLs/inq's and inq's hitting their one year. In comparison wth the other bureaus, I did see the +/- you would expect based on the changes mentioned.
Keep in mind my EQ has a 9 yr old dismissed Ch13 whereas the other bureaus are clean.
Im curious to see if this new model will now mimic the changes I've seen on EX and TU.
The new model bumped me to 717, 35 points less than EX and 22 points less than TU.
Did you request an migration or was it just done with migration of everybodys account to eq08?
No, I received an alert that my account was migrated. From what I understand, the initial roll out was limited to ensure the product was free of bugs. They are moving forward in larger numbers now.
ahh i see , I am wondering what kind of bump or dip i am going to see when it migrates over :-).
@Involver wrote:
Neither my 04 nor 08 budged when either of my 2 INQs came off.
I seemed to get 2 points (670 -> 672) when the last of my inquiries dropped off in January this year; though with not losing any for adding an inquiry, it's possible it was something else too... possibly tradeline anniversary bump as a couple of tradelines would've kicked over the 1 year mark as well.
Likewise to Lexie I get some more variation in my TU '08 tracking for little bitty changes, whereas my Beacon 5... he's dead Jim!
Guess will continue to update this thread: another new account reported (Sallie Mae), no change to AAOA, score still 672 according to Scorewatch (old model FICO '04 still for me).
AAOA: 24.79 months, almost below the magic 2 year mark; if either USAA or Alliant report this month it'll be down to 23.13 which I'm almost completely confident rounds down and likely should see a change there given the implementation of anything <2 years = 1 year AAOA.
Other random tidbit: I don't appear to have received an inquiry for the Alliant CU secured loan at all unless it's delayed on my services but the loan was established a few days ago, and I know I didn't for the membership... potentially further seperating this product from USAA/DCU/others into hallowed SDFCU secured territory for someone that needs to add a tradeline but minimize the inquiry damage.