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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


@Birdman7 wrote:
@CassieCard I need you do me a favor old friend. We are exploring how some credit union cards are ignored by EX2.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/EX-FICO-2-Not-Using-Revolving-Credit/m-p...

If you had two cards on your CR and the only one with the balance was the PSCU, please tell me what your EX2 score was. And then I would like to know what your EX2 score was on the day Citibank reported its balance please.

If the PSCU CC was being counted, the EX2 score will either not move or slightly go down when Citi reported. If, on the other hand, PSCU CC was being ignored, then a no revolving balance penalty was being imposed, and when the citi CC reported, you would’ve saw a significant jump.

With just the PSCU/CU Mastercard reporting a balance of $40 (Citi at $0), I had the following negative reasons on EX2:

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

 

EX2 was 727. The following month when both cards reported 7% utilization on each, it dropped to 721 and is currently at 721 on my April 10, 2019 report.

The reason code text has never changed since that first report - still the same as above.

 

January 18, 2019 report with 1 of 2 cards with a balance

 

I'm wondering if the 'credit union cards' you're trying to track refers to something like a PLOC with its own private label card?

This PSCU/Mastercard is really no different from any other bankcard on all 3 of my reports from annualcreditreport.com .

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 61 of 94
Valued Contributor

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

Indeed Cassie your PSCU MC appears to be counting for the EX2 model. Otherwise there would’ve been a significant increase when Citibank reported. No, we have had both CCs and PLOCs from CUs not count for the EX2 algorithm, such as those from DCU. I am doing some testing and you just saved me from having to test my PSCU card, unless it’s for confirmation testing. But I have two other cards that I need to test, so you narrowed it down from 3 to 2. thank you!







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 62 of 94
Established Contributor

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


@Birdman7 wrote:
No, we have had both CCs and PLOCs from CUs not count for the EX2 algorithm, such as those from DCU. I am doing some testing and you just saved me from having to test my PSCU card, unless it’s for confirmation testing. But I have two other cards that I need to test, so you narrowed it down from 3 to 2. thank you!

You're welcome! And I just realized that DCU refers to what my ex-boyfriend used to call 'the worst !%#$@ bank in the world' . lol His dad worked at Digital and the whole family had accounts there. It's been a while since I've even seen a branch of theirs in Massachusetts - I think they are all located far from the MA/NH coast where I lived.

 

So it doesn't surprise me now that something is weird with their cards. Everything in western Massachusetts is weird. lol (*kidding*)

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 63 of 94
Established Contributor

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

tu_chart_at16mo.pngFor those new to credit cards who are watching their scores closely: Hang in there...it gets better relatively quickly!

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 64 of 94
Valued Contributor

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

That’s totally awesome Cassie thanks again.







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 65 of 94
Established Contributor

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

May 10, 2019:

  • 5% to 9% utilization on each card. Aggregate 9%.
  • TU Auto 4 and EQ Bankcard 5 drop -3 and -2 points respectively. So sensitive to util!
  • 10 of 28 FICO scores up from +2 to +8.
  • Only 1 score change at Experian: FICO 3 +5.
  • I had 6 scores below 700 last month. Now only 5.

 

CassTrack v1.5

"Five to Nine"

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

05/10/19

Previous Report

04/10/2019

  • 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%)

Current Report

05/10/19

What changed?

  • AoOA: 1 yr 5 mo
  • AAoA: 9 mo
  • AoYA: 5 mo
  • Card 1 Utilization: 8.85% (9%)
  • Card 2 Utilization: 8.81% (9%)
  • Aggregate Utilization: 8.82% (9%)

 

  • 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 5/1 and 5/10. Score reports from myFICO 3B+, Credit Karma (TU/EQ VS3), and Credit.com (EX VS3, ENES)

04/10

Δ

05/10

FICO 8

EQ

703

+2

705

 

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

FICO 8

TU

705

+7

712

 

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

710

+2

712

 

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

734

+1

735

Vantage Score 3.0

TU

730

+1

731

Vantage Score 3.0

EX

734

+1

735

TU AUTO CBIS

TU

820

 

820

Experian National Equivalency Score

EX

734

-1

733

FICO Auto 8

EQ

677

+2

679

 

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

FICO Auto 8

TU

693

+7

700

 

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

712

+2

714

 

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

695

+2

697

 

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

FICO Bankcard 8

TU

705

+8

713

 

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

722

+2

724

 

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

+5

718

 

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

-3

680

 

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

-2

711

 

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 66 of 94
Moderator Emeritus

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

Hrm, more data which doesn't quite jive.

 

Doesn't appear to be a breakpoint on EQ for me for FICO 8 at 3 month mark; however, looks like there is one for FICO 5 / 9 on the 30D late scorecard.

 

Equifax5/2/196/4/19Delta
FICO 87527520
FICO 8 AU7647640
FICO 8 BC7557550
FICO 5740729-11
FICO 5 AU739728-11
FICO 5 BC755745-10
FICO 9796792-4
FICO 9 AU806802-4
FICO 9 BC807803-4
    
OpenedTypeReport 
11/18Auto2-May 
12/18Installment2-May 
3/19Credit Card4-Jun 
4/19Credit Card4-Jun 

 

The 3/19 and 4/19 credit cards weren't on the May 2nd report, so we went from 5 months AOYA in May to 2 in June, no change on any EQ FICO 8 score.  Also if it were just revolving then we're talking a much longer drop as January 2017 was my last revolver opening. 

 

30D late scorecard (important could be different as a result), AAOA just under 5 years, oldest at 11 years.

 

Interestingly I absolutely did see it on EX FICO 8: not sure which scorecard exactly but not the 30D late one(s) which I know is separate.




        
Message 67 of 94
Valued Contributor

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

It may only be non-aged or thin scoresheets...Let’s see what kind of dps we get from the members reporting back to that post where I asked for that data. There has to be some differentiation there’s a reason it discriminates.







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 68 of 94
Moderator Emeritus

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


@Birdman7 wrote:
It may only be non-aged or thin scoresheets...Let’s see what kind of dps we get from the members reporting back to that post where I asked for that data. There has to be some differentiation there’s a reason it discriminates.

Maybe, but I did get a substantial movement on EX and that is neither non-aged nor thin; the difference between the two scorecard wise is EQ has a 30D late and the other does not.  Admittedly EX and EQ being different bureaus could be different but I wouldn't think so on this, AOYA should be the same basically regardless of bureau I would think.

 

Waiting to see what 7/1 brings on EX, though getting a little annoyed zealously managing my balances and needing to swipe all my SD'd cards haha.  Got most of them done just need to make sure DCU gets paid and Discover when it arrives (apparently lost that card whoopsie) gets swiped / paid.  Amazed so many lenders didn't shut down my accounts after nearly 1.5 years of idleness but their business not mine hah.




        
Message 69 of 94
Valued Contributor

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

Rev Whats ur AooA at EX?







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 70 of 94
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