So I know today is the day that Wells Fargo provides their EX FICO 9 Score (at least for me anyways)
And each and every month I see the same "Factors affecting your current FICO Score" and they always
make me laugh 
, here's why:
First off here are the factors (score was 799 btw):
1. Length of time revolving accounts have been established
2. Proportion of loan balances to loan amounts is too high
3. Length of time accounts have been established
4. Time since most recent account opening is too short
5. Too many inquiries last 12 months
So lets go over each one: first off:
"Length of time revolving accounts have been established" Up until a few months ago on EX, I had over 15+ years of revolving accounts being established. Then 1 or 2 scrolled off, now it cut me down to 7+ years. To me 7+ years should be good enough to establish pattern. But don't let those accounts scrolling off fool you. I was getting this same negative factor when I was @ 15+ years. So if 15+ years still doesn't cut it, one needs to ask what will.
Secondly we have "Proportion of loan balances to loan amounts is too high" Another chuckler. I forget what my original loan was (over $20K) and I refinanced around $12-$14K and now its down to $3K. So yeah? The proportion is still too high? Gimme a break.
Third we have "Length of time accounts have been established": again, for me, see "Length of time revolving accounts have been established" same thing.
4th we have "Time since most recent account opening is too short". Dude, that was in February, 8-months ago. This one there could be made a case for because of 2 CCs opened this year and 4 in the last 12-months, but still this is not the sign of a churner if you ask me. 8 months is 8 months. Come on.
Lastly we have "Too many inquiries last 12 months" Up until Monday, that total was 1 (ONE) and since Monday is now 2, but this report is said to have run on 10/2, and I apped on 10/3, so they are seeing one. But even if 2, TWO is too many in 12-months? Kinda ridiculous if you ask me.
So if you ever need a laugh - come back to this post and look at the ridiculous factors I have to read each and every month and I am sure it will give you a chuckle. 
There will never be any blanks for comments. This was brought up in another thread recently and a poster in the 800's gets them also.
@Wavester64 wrote:So I know today is the day that Wells Fargo provides their EX FICO 9 Score (at least for me anyways)
And each and every month I see the same "Factors affecting your current FICO Score" and they always
make me laugh
First off here are the factors (score was 799 btw):
1. Length of time revolving accounts have been established
2. Proportion of loan balances to loan amounts is too high
3. Length of time accounts have been established
4. Time since most recent account opening is too short
5. Too many inquiries last 12 months
So lets go over each one: first off:
"Length of time revolving accounts have been established" Up until a few months ago on EX, I had over 15+ years of revolving accounts being established. Then 1 or 2 scrolled off, now it cut me down to 7+ years. To me 7+ years should be good enough to establish pattern. But don't let those accounts scrolling off fool you. I was getting this same negative factor when I was @ 15+ years. So if 15+ years still doesn't cut it, one needs to ask what will.
It's believed there are score increases for aging all the way up to 25 years. 15 years is awesome, but there are more points to be gained at older thresholds. The score code is telling you that you haven't maxed out this metric yet.
Secondly we have "Proportion of loan balances to loan amounts is too high" Another chuckler. I forget what my original loan was (over $20K) and I refinanced around $12-$14K and now its down to $3K. So yeah? The proportion is still too high? Gimme a break.
The maximum points for installment utilization is achieved at under 9% of the original loan amount. Again, your balance is super low, but there's a threshold for a score increase still yet to be realized in your case. The score code is telling you that you haven't maxed out this metric yet. Note: Installment utilization is calculated as an aggregate, so you max out installment utilization scoring when the total balances of all installment loans reports under 9% of the total original amounts of the loans.
Third we have "Length of time accounts have been established": again, for me, see "Length of time revolving accounts have been established" same thing.
Again, yours are great, but there are higher scores still yet to be achieved for older accounts.
4th we have "Time since most recent account opening is too short". Dude, that was in February, 8-months ago. This one there could be made a case for because of 2 CCs opened this year and 4 in the last 12-months, but still this is not the sign of a churner if you ask me. 8 months is 8 months. Come on.
8 months is 'recent' in the credit reporting world. You get hit with the 'new revolver' penalty anytime you have a revolving account less than 12 months old unless you're on a dirty scorecard which it seems you are definitely not. So, anytime you have a 'new' account less than 12 months old, this score code tells you that you're losing points to the 'new revolver' penalty.
Lastly we have "Too many inquiries last 12 months" Up until Monday, that total was 1 (ONE) and since Monday is now 2, but this report is said to have run on 10/2, and I apped on 10/3, so they are seeing one. But even if 2, TWO is too many in 12-months? Kinda ridiculous if you ask me.
1>0. 1 hard inquiry in the past 12 months can affect scoring depending on scorecards. Your 1 hard inquiry is costing you points. The score code is telling you that.
So if you ever need a laugh - come back to this post and look at the ridiculous factors I have to read each and every month and I am sure it will give you a chuckle.
You have to take those score codes for what they are. Letting you know where point loss from a perfect 850 is occurring. Your credit file is obviously healthy, and you're not doing anything 'wrong'. But, you don't have a perfect 850, and the score codes are telling you why.
Thanks for the chuckle 
@Wavester64 . Although my scores have room for much improvement, your post reminds us to give ourselves a break.
