Earlier this month my Experian FICO 8 dropped 4 points. I combed through everything trying to figure out why. It appeas that my the reported length of time since my last negative dropped from 2y2m to 1y11m. I have only one account with any late payments (I have reviewed everything again to confirm there was no erroneous reporting) and the last shown late is January 2018, so the 2y2m seems correct. I can't see any change to how that was reported, aside from the additition of the February on time payment. Any ideas why would it drop suddently without a change to the data reported? Below are screen shots of the account as reported, the first prior to the drop and report of February payment and the second after the drop and report of the February payment:
In the big scheme of things, probably not a big deal. I imagine I will get the 4 points back shortly when it jumps back up to 2 y since last negative. I'm just curious why this might happen.
Two to four points really isnt anything to fret over. With the number of lates on the screen shots. Thats the worrisome part. Your score changes daily for reasons many dont know why. The biggest gain will come once all those lates are gone. Which looks to be 2025. Its just something that happens. Many can try and figure out all aspects that make FICO tick. No one will ever figure out the entire program they use. 20-30 pts. Now that will sound the alarms. For the single digit numbers. It just happens.
