Will I re- bucket once this happens?

[Anonymous]

scores about 708 at 18% utilization
My oldest account is 21 months my average age of accounts is 9 months.
Newest account 3 months
3 months from now I will have 2 years of oldest account.
1 year aaoa
6 month ao y a
I'm pretty sure I read utilization and enquiries don't have to do with buckets but I will have one to two inquiries that are going to all be nine-plus months old on each report.
One other question. I disputed inquiries on an auto loan so it is currently saying no loan activity. Is this affecting my score? I hope so because if it is I'm expecting a big jump since that is my only open loan
Thanks in advance.
This is for The Gardener's I did myself a favor and figured out how much money I would save with a balance transfer card and it ended up only be in about a hundred to $200 over a couple years if I decided to pay it off that slow so I might just garden away. I want to get my average age of accounts to 2 years but I'm getting off track thanks in advance

[Anonymous]

"Will I re- bucket once this happens?"

Once what happens?  I read through your post and couldn't nail down what event you were asking about.

[Anonymous]

The only things I see the OP mentioning are inquiries, utilization and the reporting of a loan.  None of these factors impact scorecard ("bucket") assignment, so no I do not see you being re-bucketed due to anything you mentioned in your post.

[Anonymous]

Aooa will be 2 years
Aaoa 1 year

[Jnbmom]

Rebucket what????

The only term I have seen used here is when creditors "bucket" you as they say to a low limit card which really doesn't have much potential for growth.

Not sure why you are disputing inquiries, you applied for car loan correct? Inquiries when searching for car loan are normally bunched together score wise and one count as one hit.

Not sure why you would be happy losing your loan, if that's your only installment you will lose points!!!

[Anonymous]

I'll be happy once it reports this month. Since disputed information will re appear. I got 6 hard inquiries in a 45 day window from DCU for different reasons (they say they use a single hard pull from 45 days, not in my case)... Would u dispute that?? I
They had to dispute my car loan to take off any inquiries that weren't justified.
Within a week DCU reports and all will be well.
I was referring to the fact my loan is in dispute and won't show loan information until it reports again. That's when I was referring to seeing a score increase.
Not that I disputed my active car loan....
I only disputed inquiries they decided the loan had to join the party.

Only reason I posted this was because I just read a thread about aooa, aaoa affecting buckets
I don't know the buckets that's why I asked.

[Anonymous]

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@Anonymous wrote:
I'll be happy once it reports this month. Since disputed information will re appear. I got 6 hard inquiries in a 45 day window from DCU for different reasons (they say they use a single hard pull from 45 days, not in my case)... Would u dispute that?? I
They had to dispute my car loan to take off any inquiries that weren't justified.

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Would I dispute that?  No. Especially if I had applied for different credit products that justified the 6 inquires. These instances of lenders “using the same pull for X days” is not a guarantee by any means. Every time  an applicant submits an application, they are authorizing a credit pull. If you applied for 6 different credit products (this would include recons, if applicable), those inquires were without a doubt valid. 

[Anonymous]

All of the Hard pulls were Not authorized or valid

Ok. Different example with dcu In August I used the same hard pull (declined a cli) and applied for 5 different loans. Like they said to me I only saw the one hard pull even though different loans.
Those inquiries from june aren't all valid. Since two will or have been removed. I received a letter from DCU.

[Anonymous]

Will never waste another hard pull with DCU. Just wait for pre approvals.
And I'm done with this thread for now...😏
Walking through life with a positive mind.

[Anonymous]

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@Anonymous wrote:
Aooa will be 2 years
Aaoa 1 year

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For the other folks who didn't know what our OP meant by rebucketing:

FICO 8 groups profiles into twelve different "scorecards" -- and you can think of each scorecard as its own scoring model.  All twelve mini-models (scorecards) have a lot in common, but they differ slightly as well.  For example, in some scorecards you can score an 850, but in others you have a much more restrictive top score.  The formal word scorecard is often replaced here on the forums with the word bucket, and rebucketing refers to the act of FICO moving you from one scorecard to another.

There are three criteria that FICO 8 uses for scorecard assignment for clean profiles:

      * Total number of account (closed and open together)

      * Age of Oldest Account

      * Age of Youngest Account

Our OP included a ton of stuff in his initial post and it made it harder to see that the following was his question (I am rewriting it):

In four months from now my Age of Oldest account will be 24 months and my AAoA will be 12 months.  Will that cause me to be switched to another scorecard?

The answer is that we don't know the precise values that cause a switch to another scorecard.  (FICO hides these as part of its secret proprietary model.)

But suppose we did know these values.  We'd still need to know the OP's Age of Youngest Account and much more importantly whether he had any derogs on his reports (and if so their severity).  By derogs I mean lates, collections, chargeoffs, etc.

My understanding is that AAoA is not used by FICO 8 for scorecard assignment, though AoOA is.