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TU4 New account threshold found at 18 months

Birdman7
Super Contributor

TU4 New account threshold found at 18 months

TU4 new account threshold found at 18 months. Conflated with 84 month AAoRA & 36 month AAoIA, like EX2. 

 

TU4 772>797 +25

New Account Scorecard:

1. Too many accounts

2. New account

3. installment Balances

4. Too many credit AWB

 

No New Account Scorecard:

1. Installment balances

2. RoE balances

3. Short credit history

4. None

 

 

AU 779>803 +24

New Account Scorecard:

1. New account
2. short Credit History

3. Too many accounts

4. installment Balances

 

No New Account Scorecard:

1. Short credit history

2. Installment balance

3. RoE balances

4. None

 

 

BC 781>806 +25

New Account Scorecard:

1. New account

2. RoE balance 

3. Too many accounts 

4. revolving Utilization

 

No New Account Scorecard:

1. RoE balances

2. Revolving utilization

3. Installment balances

4. Short credit history

 

Updated with reason codes!

 

-Community’s scoring wisdom: Scoring Primer.
-New: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.





(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
3 REPLIES 3
Revelate
Moderator Emeritus

Re: TU4 New account threshold 18 months

I guess I'll pull a before and after report to see if I do get to 18 months... six months to go haha.  Nice datapoints!




        
Message 2 of 4
Blue_Collar
Regular Contributor

Re: TU4 New account threshold 18 months

Great information, as usual you all work great together and pinpoint details for all to see.

 

Thank You

Message 3 of 4
Birdman7
Super Contributor

Re: TU4 New account threshold found at 18 months

Updated with scores and codes!!
-Community’s scoring wisdom: Scoring Primer.
-New: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.





(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 4 of 4
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