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A Fico Whine


direred
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Had my big baddie drop off EQ. It was not my oldest account, and doesn't seem to have affected my average age. Since I got my FICO scores recently, I can say that there's no change in utilization or accounts that would have affected my score -- I'm simply on a different scorecard.

I should add it's not my last baddie on any CRA: I still have 1-2 baddies on each (4-year-old 30 day lates).

So:

EX: up 24 points to 648.

EQ: down 34 points to 598. :cry::cry:

I haven't had a score below 600 on EQ for 18 months. :cry:

Bah.

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Then (1/1/06, score 599):

Unpaid chargeoffs: 2

Utilization: 106%

Length of history: 13 years

Accounts opened in the last year: 5

Total # of late payments: 32

Recent inquiries: 8

Collections: 1

Now (7/3/07, score 598):

Unpaid chargeoffs: 0

Utilization: 41%

Length of history: 13 years

Accounts opened in the last year: 8

Total # of late payments: 7

Collections: 0

Recent inquiries: 6

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Odd.

The only thing worse on your report now compared to then is your recent account openings.

Yes. The number of accounts with balances (as a proportion of total accounts) is also an issue now as it was then. (then: 16/31, now: 23/45) Other than that, I owe just about exactly as much as I did then. Harumph.

I just activated some that had gone fallow, so those are going to be paid off, and then I'll work on getting the others paid down.

I think I just need to go do something else for six months. I get crazy about applying when I'm on various credit-related boards. :)

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Your score would have changed as soon as it would have been removed.

Well, I use freecreditreport.com. Now i'm confused? Check it one day the charge off is there, check it 2 days later chargeoff is gone---score stayed the same?

Soon i'll check myfico, and see...

Thank you.

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Well, I use freecreditreport.com. Now i'm confused? Check it one day the charge off is there, check it 2 days later chargeoff is gone---score stayed the same?

Soon i'll check myfico, and see...

Don't count on any scores other than Fair Isaac's. No one else does.

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