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Back in April my Ex score dropped dramatically from 655 to 629. I poured over my report for anything new, but found nothing. In fact, one baddie fell off. Tu and Eq also dropped several points, but not as drastically. Uti is high but has gone down from 40% to 24% due to gardening and using the cards. Tu and Eq are recovering back to 650ish, but Ex is hardly budging, at 635 now. Is this a re-bucket thing, or am I missing something here?
Maybe an AoAA change from the account falling off?
@Marcos8 wrote:Maybe an AoAA change from the account falling off?
Same thought, what was the baddie that dropped off?
It is nearly impossible in any given situation to determne when or if your scoring has been moved to a different algorithm based on a general categorization of a given scoring category (also know as a scoring bucket).
The criteria used by FICO to place your scoring of a given category into a new bucket, such as maxed-out util, clean vs dirty, thick vs thin, new vs non-new, etc. is a closely guarded trade secret of the FICO algoritms.
The best that can be said is that if you cannot attribute a score change to any speciific new information, then it might be due to a new algorithm being applied to your scoring based on a subtle change in some general categorization. Age of accounts is a normal change that always increases from time to time that might result in a re-bucketing of that scoring category. Other rebucketing, such as become clean in pament history (i.e., no major derogs) are usually very obvious.