@Anonymous wrote:
@Revelate wrote:
@Curious_George2 wrote:I'm relieved to hear that this is a well understood (though not well liked) issue. I didn't know that factor truncation was a thing that varied by score version. Thank you!
Just to be clear, are you saying that for all FICO scores other than Score 8, if MF shows fewer than four negative factors, that means there aren't any deductions for reasons beyond the 1, 2 or 3 shown?
Yeah, most scorecards you can't get that few especially positive ones which is why I was so surprised to see Reme's two for EX FICO 2. I have a higher score and all 4, so we are likely on different scorecards.
I first saw it when I was in one of the serious derogatory scorecards here on myFICO explicitly on TU FICO 4: I dropped down to three reason codes twice when I didn't have any scoreable inquiries and the take away there was there were fewer reason codes vis a vis for FICO 8 and below there is no new accounts penalty / reason codes for the bottom 4 scorecards.
FICO 9 may change that though actually re: new accounts on even the 60D late scorecard I am on TU currently. I haven't pulled from here in a bit last year was so screwy it wasn't worth the pull anyway haha.
@Revelate Remmy should have a new account negative Reason code. For some reason it's not showing. And I don't know why.
Also you should know that the 20 something of last month I think it was, we had a ton of people come reporting unexplainable errors on EX2. We've got a big thread on it and there are too many people with too many impossible score changes.
It seems there may have been an update or glitch or something because true enough there's going to be some unexplainable events, but we had too many people right on about the same date that truly had the same data between two days in the middle of the month and had different scores. I mean nothing you could even theorize on.
The takeaway is something was screwy with EX2 last month. And this is not the first time this is happened. There was once @Anonymous had a no revolving activity code while she had a Costco visa reporting a balance. There was also one other incident I think with one other member that had an 11 point discrepancy for a few days that resolved itself. And these were not situations where there was an event a day or two away that could be responsible and maybe it was coming from an inactive database. Insane. I can go look up the thread and link it if you like.
and did you say you have a new account reason code with a 60 day late on version 9?
I'll go look for the thread. I haven't really been checking Experian religiously because my scores are basically flatline with small exceptions. Maybe I was lucky and caught a score on that date... then again the personal laptop is still in Texas.
That's a qualified maybe on TU FICO 9. That said my 60D late isn't going anywhere on that file. When I get past the one year on the Houston mortgage fiesta I'll make a 1B pull here to check concretely. Real motive is to see where TU 4 is at but probably not necessary as DCU has my EQ 5 as of January at a 778.
I only get two reason codes there so can't check Remes account with balances with 3 showing.
