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The Master Credit Score Mad Scientist Thread


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427 replies to this topic

#1 BobWang

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Posted 27 January 2012 - 06:03 PM

My latest victim experiment:

22 y/o college student
Previous credit influence has been a mentor who preached that credit cards are evil.
No revolving credit history when I came along.
Only credit history is $4k student loan taken out June, 2011, deferred status.

Signed up for Credit Karma, Credit Sesame at 6 months of credit history:
CK: 2012-01-03 TransRisk 653, Auto 773, VantageScore 588 (F)
CS: 2012-01-03 Experian National Equivalency Score (NES) 669

Added to 13 y/o AmEx.
Reported today, bumps AAoA from 0.5 to 6.5 years:

CK: 2012-01-27 TransRisk 653, Auto 818, VantageScore 588 (F)
myFICO TU98: 2012-01-27 TransUnion 747

Obviously, TransRisk and VantageScore do not factor in AU accounts.

Cannot pull Equifax FICO score, unable to verify SSN, identity.
Will add to one of my utility bills, get new driver's license with my address, try again next month.



#2 nht

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Posted 27 January 2012 - 06:36 PM

Oh, this is gonna be fun... a lot of fun. And educational to boot. :yahoo:

Dr. Wang, you are definitely something else.

#3 1234

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Posted 27 January 2012 - 06:42 PM

My latest victim experiment:

22 y/o college student
Previous credit influence has been a mentor who preached that credit cards are evil.
No revolving credit history when I came along.
Only credit history is $4k student loan taken out June, 2011, deferred status.

Signed up for Credit Karma, Credit Sesame at 6 months of credit history:
CK: 2012-01-03 TransRisk 653, Auto 773, VantageScore 588 (F)
CS: 2012-01-03 Experian National Equivalency Score (NES) 669

Added to 13 y/o AmEx.
Reported today, bumps AAoA from 0.5 to 6.5 years:

CK: 2012-01-27 TransRisk 653, Auto 818, VantageScore 588 (F)
myFICO TU98: 2012-01-27 TransUnion 747

Obviously, TransRisk and VantageScore do not factor in AU accounts.

Cannot pull Equifax FICO score, unable to verify SSN, identity.
Will add to one of my utility bills, get new driver's license with my address, try again next month.

Very interesting keeps us posted. By the way good job Mad Scientist :clapping:

#4 BobWang

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Posted 27 January 2012 - 06:45 PM

Posted Image

#5 breeze

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Posted 27 January 2012 - 06:47 PM

:good:

#6 1234

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Posted 27 January 2012 - 06:51 PM

Bob at her as joint account to one of your accounts and see her fico jump.

#7 Repairerer

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Posted 27 January 2012 - 06:55 PM

Throw open the switches on the sonic oscillator.

#8 BobWang

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Posted 27 January 2012 - 07:07 PM

Dammit, Repairerer, I love you. :P

#9 BobWang

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Posted 07 February 2012 - 02:01 PM

BofA reporting AU AmEx, $5 balance out of $5,000 limit:

Posted Image

#10 BobWang

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Posted 10 February 2012 - 07:11 PM

Navy Federal today:

Me: She's applying for the unsecured cashRewards Visa, it's her first solo credit card, so if she's not approved for that, we'll go secured.

LO: She's approved for $500.00 unsecured, even though she's an AU on a $5k AmEx, I presume that's you, we still consider her a First Time Borrower.

Us: High Fives

#11 BobWang

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Posted 10 February 2012 - 07:12 PM

Walmart today:

Me: Where do we go to apply for a credit card?

Her: I'll take you back there.

Her: Hmm, nobody's at the desk, I'll do it myself.

Her: I'll need a driver's license and a credit card

(What do people do if this is their FIRST CC application?)

Her: You've been approved for the Walmart store credit card.

Me: What's her CL?

Her: $1,200.


My Wally Discover is only $1,300 :(

#12 Repairerer

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Posted 10 February 2012 - 07:13 PM

They'll probably give her a CLI to 10K in a few months. :)

Navy, I mean, not Wally.

Edited by Repairerer, 10 February 2012 - 07:14 PM.


#13 1234

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Posted 10 February 2012 - 07:49 PM

Walmart today:

Me: Where do we go to apply for a credit card?

Her: I'll take you back there.

Her: Hmm, nobody's at the desk, I'll do it myself.

Her: I'll need a driver's license and a credit card

(What do people do if this is their FIRST CC application?)

Her: You've been approved for the Walmart store credit card.

Me: What's her CL?

Her: $1,200.


My Wally Discover is only $1,300 :(


Bob you better take her with you when you going window shopping for credit. :P

#14 BobWang

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Posted 15 February 2012 - 02:01 PM

Wally store card reported today,
Went from
2 total accounts AAoA 6 years to
3 total accounts AAoA 4 years

Credit Karma FAKOs:

TransRisk 653 to 660

VantageScore 589 to 712

#15 cookiemommy

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Posted 15 February 2012 - 02:46 PM

Bob do you run a credit repair business or are you just a good soul? Either way I learn so much from reading about your experiments, thank you.

Edited by cookiemommy, 15 February 2012 - 02:48 PM.


#16 BobWang

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Posted 15 February 2012 - 02:56 PM

Bob do you run a credit repair business or are you just a good soul? Either way I learn so much from reading about your experiments, thank you.

It's a hobby. :D

#17 BobWang

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Posted 15 February 2012 - 02:57 PM

2012-01-03 1 student loan $3,500 bal = 1 acct AAoA 0.5 years
2012-01-03 TransRisk 653, Auto 773, VantageScore 588 (F)

2012-01-27 AU on 12 year-old BofA AmEx $5k limit = 2 accts AAoA 6 years
2012-01-27 myFICO TU98 747
2012-01-27 TransRisk 653, Auto 818, VantageScore 588 (F)

2012-02-15 Primary Walmart Store Card $1.2k limit = 3 accts AAoA 4 years
2012-02-15 TransRisk 660, Auto 818, VantageScore 712 (Grade C)

#18 cashnocredit

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Posted 15 February 2012 - 06:21 PM

Interestingly large effect AUs have on thin file FICO scores.

I had read numerous places that VantageScore didn't factor AUs but didn't know that about Transrisk.

I love experiments. Especially when someone else is doing the work!

#19 BobWang

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Posted 17 February 2012 - 02:51 PM

2/17 Applied for regular Citi Forward, not Student version.
Approved for $4,000 CL, part-time income of $8,000/year

2/17 Applied for Student Discover More, DENIED.

#20 OCChineseguy

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Posted 17 February 2012 - 05:55 PM

2/17 Applied for regular Citi Forward, not Student version.
Approved for $4,000 CL, part-time income of $8,000/year

2/17 Applied for Student Discover More, DENIED.


Time to *B some Inq ?

Or as the scientist would say, "I love it when a plan comes together."

#21 BobWang

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Posted 17 February 2012 - 05:59 PM

Actually, next is to get her into DCU.

My local electric company added her as authorized agent, but not to the actual bill.

So, have to wait another cycle for proof of residency.

Unfortunately PSECU doesn't count co-habitation as eligibility.

#22 MannyLNJ

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Posted 17 February 2012 - 07:44 PM

Throw open the switches on the sonic oscillator.


Three red triangles!

#23 Repairerer

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Posted 17 February 2012 - 07:49 PM

Yes, step up the reactor power.

#24 BobWang

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Posted 17 February 2012 - 07:53 PM

I used to go to the midnight shows when I was younger.

Now I fall asleep around 9.

#25 Repairerer

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Posted 17 February 2012 - 07:57 PM

Bob, did you dress up? Pics.




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