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The 'All At Just Under 8.99% Utilization' experiment

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Established Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

24 out of 28 FICO scores up anywhere from +8 to +25 points, and it sure didn't come from changing aggregate utilization from 7% to 6%.

 

Middle mortgage score is up +17 to 708 with no change in EX FICO 2 of 721.

 

This had to be from changing scorecards [Ok, maybe not. lol]. There are several posts from people on these forums that reported decent point gains at the AoYA 3 month mark, which is where I am with this report. I crossed into it with low utilization and I am sure that's why I got more than the +10 points I have read about.

 

CassTrack-32 v1.3

"Lucky Three"

Common data

  • No derogatories
  • No delinquencies
  • 1 closed loan
  • 2 open revolving
  • 1 inquiry EQ: Dec 2018
  • 1 inquiry EX: Dec 2018
  • 1 inquiry TU: Dec 2018 ( Plus 2 over 1yr: Dec 2017, Jan 2018 )
  • Accounts with balances: 2

03/08/19

Previous Report

02/08/2019

  • AoOA: 1 yr 2 mo
  • AAoA: 6 mo
  • AoYA: 2 mo
  • Card 1 Utilization: 6.75% (7%)
  • Card 2 Utilization: 6.98% (7%)
  • Aggregate Utilization: 6.92% (7%)

Current Report

03/08/19

What changed?

  • AoOA: 1 yr 3 mo
  • AAoA: 7 mo
  • AoYA: 3 mo
  • Card 1 Utilization: 5.89% (6%)
  • Card 2 Utilization: 5.97% (6%)
  • Aggregate Utilization: 5.95% (6%)

 

  • PAYMENT HISTORY changed from 'Very Good' to 'EXCEPTIONAL'
  • AMOUNT OF NEW CREDIT changed from 'Fair' to 'GOOD'

 

New statement balances recorded at all 3 CRA's between 3/1 and 3/8. Score reports from myFICO 3B+, Credit Karma (TU/EQ VS3), and Credit.com (EX VS3, ENES)

02/08

Δ

03/08

FICO 8

EQ

681

+14

695

 

Short credit history, No recent loan activity, Short revolving credit history

FICO 8

TU

695

+10

705

 

Short credit history, No recent loan activity, Short revolving credit history

FICO 8

EX

696

+23

719

 

Short credit history, Short revolving credit history, No recent loan activity

FICO 9

EQ

706

+8

714

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO 9

TU

698

+9

707

 

Short credit history, Too many accounts with balances, Short revolving credit history, No recent loan activity

FICO 9

EX

702

+15

717

 

Short credit history, Short revolving credit history, No recent loan activity

Vantage Score 3.0

EQ

685

+5

690

Vantage Score 3.0

TU

680

+6

686

Vantage Score 3.0

EX

685

+5

690

Experian National Equivalency Score

EX

731

+2

733

FICO Auto 8

EQ

652

+17

669

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 8

TU

682

+11

693

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 8

EX

680

+25

705

 

Short credit history, No recent loan activity, Short revolving credit history, Few accounts in good standing

FICO Auto 9

EQ

712

+8

720

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 9

TU

700

+9

709

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 9

EX

709

+16

725

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 8

EQ

673

+14

687

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 8

TU

694

+11

705

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 8

EX

698

+25

723

 

Short credit history, No recent loan activity, Short revolving credit history, Few accounts in good standing

FICO Bankcard 9

EQ

715

+8

723

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 9

TU

710

+9

719

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 9

EX

712

+15

727

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO 2

EX

721

 

721

 

Short credit history, Short revolving history, Too many accounts with balances, Recently opened too many new credit accounts

FICO 3

EX

713

 

713

 

Short credit history, Short revolving history, Too many accounts with balances, Seeking credit

FICO 4

TU

682

+9

691

 

Short credit history, Short revolving history, Seeking credit, Recently opened new credit account

FICO 5

EQ

691

+17

708

 

Short credit history, Short revolving history, Too many accounts with balances, Seeking credit

FICO Auto 2

EX

698

 

698

 

Short credit history, Short revolving credit history, Too many accounts with balances, No recent loan activity

FICO Auto 4

TU

675

+8

683

 

Short credit history, Short revolving credit history, No recent loan activity, Seeking credit

FICO Auto 5

EQ

701

+15

716

 

Short credit history, Short revolving history, Recently opened new credit account, Too many accounts with balances

FICO Bankcard 2

EX

726

 

726

 

Short credit history, Short revolving history, Too many accounts with balances, Recently opened too many new credit accounts

FICO Bankcard 4

TU

681

+21

702

 

Short credit history, Short revolving credit history, Seeking credit, Recently opened too many new credit accounts

FICO Bankcard 5

EQ

698

+15

713

 

Short credit history, Short installment credit history, Short revolving history, Too many accounts with balances

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

New CRADIS contacts, bearing 1 carom 9. Just think of EQ, TU, and EX as Cylon Basestars.

Message 41 of 94
Valued Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

@CassieCard: Despite any prior comments, I do not believe these changes resulted from a scorecard change. Rather I think you’ve identified a threshold on your existing score card. Consequently you had multiple score changes as a result of crossing the threshold. Just my humble opinion 😉







Installment loan reported this month,so technically, I'm at 2 months, but AoYA points were NOT reset. When new CCs hit and it is reset, I'll put the number it is.+1,+2,+2(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated AUG 4, '19. Since then, 5 HP dings to add; will update again.
Message 42 of 94
Super Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

I agree with @Birdman7  that it was not due to a scorecard change.

 

I believe 6% is a breakpoint in revolving utilization.

 

And I believe that the aging of the profile contributed as much or more.


Total revolving limits 719k (592500 reporting) FICO 8 scores: EQ 735 TU 782 EX 746
Message 43 of 94
Senior Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

^  Most aging thresholds don't equate to scorecard changes. A shift in score often happens when thresholds are crossed while remaining on the same scorecard.

 

There are only 8 clean scorcards, four being segmented by age factors. 

Fico 8: .......EQ 850 TU 850 EX 850
Fico 9: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
VS 3.0:...... EQ 835 TU 835 EX 835
Fico 8 BC:. EQ 892 TU 900 EX 900
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 44 of 94
Valued Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

You definitely passed aging thresholds/breakpoints.







Installment loan reported this month,so technically, I'm at 2 months, but AoYA points were NOT reset. When new CCs hit and it is reset, I'll put the number it is.+1,+2,+2(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated AUG 4, '19. Since then, 5 HP dings to add; will update again.
Message 45 of 94
Established Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment


@SouthJamaica wrote:

I agree with @Birdman7  that it was not due to a scorecard change.

 

I believe 6% is a breakpoint in revolving utilization.

 

And I believe that the aging of the profile contributed as much or more.


The score changes on EQ/TU/EX FICO 8 all happened before the second statement reported on the 5th.

 

I had an Experian CreditWorks monthly 3B report to use, so that's how I got the updated scores for EX and TU/EQ before the 5th.

 

At that point, aggregate was still at 7%, since only my first card had reported a change from 7% to 6% individual utilization. The second still showed 7% as expected.

 

When the second statement reported and aggregate changed to 6%, I pulled the monthly myFICO 3B report and there was no change in the F8 scores or the Experian auto/mortgage/bankcard scores.

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

New CRADIS contacts, bearing 1 carom 9. Just think of EQ, TU, and EX as Cylon Basestars.

Message 46 of 94
Valued Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

@CassieCard: that’s exactly what we would expect from aging changes. And, with much respect to SJ, your data seems to indicate there is no breakpoint at 6%-7%.







Installment loan reported this month,so technically, I'm at 2 months, but AoYA points were NOT reset. When new CCs hit and it is reset, I'll put the number it is.+1,+2,+2(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated AUG 4, '19. Since then, 5 HP dings to add; will update again.
Message 47 of 94
Established Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

Does anyone know how they grade 'Payment History'?

 

I know it's only front-end software, but they obviously use something to come up with 'Good', 'Very Good', 'Exceptional'.

 

I just found it interesting that it suddenly changed this month from 'Very Good' to 'Exceptional', when in reality only 1 single additional payment had been reported at the time it changed - the payment made in February on my first card which closed on the 1st.

 

I thought that maybe I was being compared to a new group of people (scorecard change) and that's why it changed.

 

(Side note: There's a topic on this forum asking how soon someone can get to 'Exceptional' for 'Payment History' starting from clean credit history, but it's locked now. I can answer that question: 15 months. My profile has only been scoreable since June 2018, or 9 months ago.)

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

New CRADIS contacts, bearing 1 carom 9. Just think of EQ, TU, and EX as Cylon Basestars.

Message 48 of 94
Valued Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

I think I can answer that CassieCard. I’m sure some more experienced members can be more detailed. But payment history is the number of payments on time you have made, maybe even percentage after a certain scoreable number exists. Or maybe the obverse, the number of delinquencies takes away from possible points, but you have to reach a certain number before you are awarded certain points and that is a reason for some of the points you’ve been awarded IMHO.







Installment loan reported this month,so technically, I'm at 2 months, but AoYA points were NOT reset. When new CCs hit and it is reset, I'll put the number it is.+1,+2,+2(Forgive typos, mobile.)(Everything said is Just IMHO.)
Scores updated AUG 4, '19. Since then, 5 HP dings to add; will update again.
Message 49 of 94
Established Contributor

Re: The 'All At Just Under 8.99% Utilization' experiment

April 10, 2019 report. 6% to 5% aggregate utilization change and 1 month of aging.

 

  • EQ is up +8 on the three FICO 8 models: classic, auto, and bankcard.
  • TU is up +3 on the three FICO 9 models: classic, auto, and bankcard.
  • Those changes happened before aggregate utilization changed from 6 to 5%.
  • No change in scores once aggregate utilization changed from 6% to 5%.
  • The EQ and TU score changes are either from aging of 1 month and/or individual utilization changing from 6% to 5%. (I pick aging alone.)
  • All VS3 scores up over 40 points due to AoYA 3mos on both of my revolving accounts. VS3 obviously calculates aging differently from FICO - FICO sees AoYA at 4mos now.
  • EQ/TU/EX FICO 8's are all above 700 now.

I now have 6 scores below 700, with the lowest score being EQ Auto 8 at 677. That score was at 706 4 months ago with no revolving accounts and an SSL open at 8.47% utilization. It dropped 51 points to 655 on 1/18 when the SSL reported closed and 2 new revolving accounts showed up.

 

CassTrack v1.4

"Five Percent"

Common data

  • No derogatories
  • No delinquencies
  • 1 closed loan
  • 2 open revolving
  • 1 inquiry EQ: Dec 2018
  • 1 inquiry EX: Dec 2018
  • 1 inquiry TU: Dec 2018 ( Plus 2 over 1yr: Dec 2017, Jan 2018 )
  • Accounts with balances: 2

04/10/19

Previous Report

03/08/2019

  • AoOA: 1 yr 3 mo
  • AAoA: 7 mo
  • AoYA: 3 mo
  • Card 1 Utilization: 5.89% (6%)
  • Card 2 Utilization: 5.97% (6%)
  • Aggregate Utilization: 5.95% (6%)

Current Report

04/10/19

What changed?

  • AoOA: 1 yr 4 mo
  • AAoA: 8 mo
  • AoYA: 4 mo
  • Card 1 Utilization: 4.81% (5%)
  • Card 2 Utilization: 4.77% (5%)
  • Aggregate Utilization: 4.78% (5%)

 

  • PAYMENT HISTORY: EXCEPTIONAL
  • AMOUNT OF DEBT: VERY GOOD
  • CREDIT HISTORY LENGTH: POOR
  • AMOUNT OF NEW CREDIT: GOOD
  • CREDIT MIX: VERY GOOD

 

New statement balances recorded at all 3 CRA's between 4/3 and 4/10. Score reports from myFICO 3B+, Credit Karma (TU/EQ VS3), and Credit.com (EX VS3, ENES)

03/08

Δ

04/10

FICO 8

EQ

695

+8

703

 

Short credit history, No recent loan activity, Too many accounts with balances

FICO 8

TU

705

 

705

 

Short credit history, No recent loan activity, Short revolving credit history

FICO 8

EX

719

 

719

 

Short credit history, No recent loan activity, Short revolving credit history

FICO 9

EQ

714

 

714

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO 9

TU

707

+3

710

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO 9

EX

717

 

717

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

Vantage Score 3.0

EQ

690

+44

734

Vantage Score 3.0

TU

686

+44

730

Vantage Score 3.0

EX

690

+44

734

TU AUTO CBIS

TU

820

 

820

Experian National Equivalency Score

EX

733

+1

734

FICO Auto 8

EQ

669

+8

677

 

Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history

FICO Auto 8

TU

693

 

693

 

Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history

FICO Auto 8

EX

705

 

705

 

Short credit history, No recent loan activity, Short revolving credit history, Few accounts in good standing

FICO Auto 9

EQ

720

 

720

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 9

TU

709

+3

712

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Auto 9

EX

725

 

725

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 8

EQ

687

+8

695

 

Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history

FICO Bankcard 8

TU

705

 

705

 

Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history

FICO Bankcard 8

EX

723

 

723

 

Short credit history, No recent loan activity, Short revolving credit history, Few accounts in good standing

FICO Bankcard 9

EQ

723

 

723

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 9

TU

719

+3

722

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO Bankcard 9

EX

727

 

727

 

Short credit history, No recent loan activity, Short revolving credit history, Too many accounts with balances

FICO 2

EX

721

 

721

 

Short credit history, Short revolving history, Too many accounts with balances, Recently opened too many new credit accounts

FICO 3

EX

713

 

713

 

Short credit history, Short revolving history, Too many accounts with balances, Seeking credit

FICO 4

TU

691

 

691

 

Short credit history, Short revolving history, Seeking credit, Recently opened new credit account

FICO 5

EQ

708

 

708

 

Short credit history, Short revolving history, Too many accounts with balances, Seeking credit

FICO Auto 2

EX

698

 

698

 

Short credit history, Short revolving credit history, Too many accounts with balances, No recent loan activity

FICO Auto 4

TU

683

 

683

 

Short credit history, Short revolving credit history, No recent loan activity, Seeking credit

FICO Auto 5

EQ

716

 

716

 

Short credit history, Short revolving history, Recently opened new credit account, Too many accounts with balances

FICO Bankcard 2

EX

726

 

726

 

Short credit history, Short revolving history, Too many accounts with balances, Recently opened too many new credit accounts

FICO Bankcard 4

TU

702

 

702

 

Short credit history, Short revolving credit history, Seeking credit, Recently opened too many new credit accounts

FICO Bankcard 5

EQ

713

 

713

 

Short credit history, Short installment credit history, Short revolving history, Too many accounts with balances

27 FICO Scores + 3 VS3. MTG (Mortgage), AUT (Auto), and BKC (Bankcard) are scores 5,4, and 2 from the top.

New CRADIS contacts, bearing 1 carom 9. Just think of EQ, TU, and EX as Cylon Basestars.

Message 50 of 94
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