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BobWang

The Master FICO Experimentation Project Thread

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This is a group participation project,
since my profile is no longer representative.

When my AAOA was only 8 years,
I suffered a 12 point drop when no balances reported.
Now that my AAOA is 10 years, it’s only 6 points.

I’m looking for volunteers with Score Watch,
or those with regular free access to real FICO scores.

I’m interested in the relationship between AAOA,
and the penalty for having no reported balances.

Of course, starting FICO scores also have an effect,
but I think we can see general trends across all profiles.

So, in the interest of Science,
please volunteer your profile for the inaugural

CB FICO Experimentation Project


P.S. If you’ve already done this on your own,
please share your AAOA and results.

TIA

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I will play.

 

Right now I have five cards reporting balances, which I need to fix. I'm more than happy to get them all to zero.

 

I have access to TU FICOs from W***t and Barclays, and Equifax FICOs from DCU.

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I also just finished B* on TU, and I'm in the middle of B* for Equifax. I should wrap that up by the next C* cycle.

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I will play.

 

Right now I have five cards reporting balances, which I need to fix. I'm more than happy to get them all to zero.

 

I have access to TU FICOs from W***t and Barclays, and Equifax FICOs from DCU.

 

:good:

 

 

I'm guessing you may have a ROUGH idea of your AAOA and/or AAOOA? :P

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FICOs:

 

TU as of 2/15 (Barclays): 801 (pre-B*)

 

EFX as of 2/28 (DCU): 761 (pre-B*, but first one post-B* won't be available until at least late April)

 

All of my newest cards are now reporting. I've gotten six since the first of the year. :blush:

 

My SPG just closed with a balance, so it'll be at least one full month before everything's reporting zero.

 

Anything else you want to know about the current state? I mean ROUGHLY?

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AAOA about 9 years.

4 cards with small balances currently reporting (oops! Always PIF but missed cut offs)

On my way to zero already.

Access to TU FICO and Walmart, FICO currently 719 per last months Walmart but I'll have to research how many cards were reporting balances at that time.

 

Interested or is my AAOA too close to yours to be informative? I was going to let one small balance report but don't mind going all the way to zero.

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Yours is interesting because you're about 100 points lower than I was at 8 & 9 yrs AAOA.

 

I dropped from 816 to 804 when no balances report.

 

Your drop should not be as severe,

 

since you're starting 100 points lower.

 

Even data points similar like mine will be informative,

 

because we can tease out the significant differences.

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ACK!

I forgot that Citi reports a $1.00 balance as $0.00

 

Lost 12 points due to NO balances reporting.

 

9/14/2011

Citi Forward Visa $2 of $12,000

FICO 816

 

9/22/2011

Citi Forward Visa $33 of $12,000

FICO 816

 

10/22/2011

Citi Forward Visa $1 of $12,000 (Reported as $0.00)

FICO 804

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9/22/2011

Citi Forward Visa $33 of $12,000

FICO 816

 

10/22/2011

Citi Forward Visa $1 of $12,000 (Reported as $0.00)

FICO 804

 

11/25/2011

Citi Forward Visa $0.00 of $12,000

FICO 804

 

12/23/2011

Citi Forward Visa $11 of $12,000

FICO 816

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9/22/2011

Citi Forward Visa $33 of $12,000

Eq 816

Ex 823

TU 825

 

10/22/2011

Citi Forward Visa $1 of $12,000 (Equifax ONLY Reported as $0.00)

Eq 804

Ex 823

TU 825

 

11/25/2011

Citi Forward Visa $0.00 of $12,000

Eq 804

Ex 815

TU 811

 

01/13/2012

Citi Forward Visa $11 of $12,000

Eq 816

Ex 840

TU 825

 

So, losses when my AAOA was 7 yrs were

 

Eq04 -12

Ex04 -8

TU08 -14

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04/13/2012

MasterCard $6 of $18,000

Eq 816

Ex 840

TU 823 (5 cards) 825 baseline

TransRisk 788, TU Vantage 967

Credit Sesame NES 840 (Guru badge)

 

05/03/2012

MasterCard $0 of $18,000

Eq 810 (-6)

Ex 827 (-13)

TU 811 (-14)

TransRisk 788, TU Vantage 976

Credit Sesame NES 840 (Guru Excellent badge)

 

So, lost 33 points across 3 CRAs, or average of 11 points each for having NO balances.

 

My bad, 2 years ago, when I went from AAOA of 7 years to 8 years,

 

the Eq04 ding was only 6 points instead of the 12 at 7 yrs AAOA

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09/27/2012

Wally Disc $20 of $4,300 (0.47%)

Citi TYPref AmEx $21 of $2,000 (1.05%)

BofA AmEx $19 of $5,000 (0.38%)

Eq04 808

Ex04 840

TU08 833

 

10/07/2012

Citi TYPref AmEx $21 of $2,000 (1.05%)

BofA AmEx $19 of $5,000 (0.38%)

Eq04 813

Ex04 840

TU08 833

 

10/18/2012

BofA AmEx $19 of $5,000 (0.38%)

Eq04 816

Ex04 840

TU08 833

 

10/27/2012

0 cards with a balance

Eq04 804

Ex04 840

TU08 833

 

Hmm, back to a -12 hit at 9 yrs AAOA

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Yours is interesting because you're about 100 points lower than I was at 8 & 9 yrs AAOA.

 

I dropped from 816 to 804 when no balances report.

 

Your drop should not be as severe,

 

since you're starting 100 points lower.

 

Even data points similar like mine will be informative,

 

because we can tease out the significant differences.

I've got a SL default that I will dispute off in August (not on The other 2) and SL lates that are only 2.5 years old.

 

Happy to play. :)

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AAOA 2 yrs (2y5m)

AAOOA 2 yrs (2y1m)

Oldest 8y5m

 

2/6 cards currently reporting balances.

 

4% util

 

FICOs

EQ04: 745

EX08: 730

TU08: 767

 

Will update accordingly with 1/6 and 0/6 balances.

Edited by almostanonymous

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AAOA = 9.6 years

AAOOA = 10.3 years

 

2/20

Wells Fargo - 9/4000

Discover - 39/3000

Chase - 618/3200

Victoria Secret - 2/350

2 INQ

TU via Barclays = 720

 

3/5

Wells Fargo - 9/4000

Discover - 39/3000

Chase - 618/3200

Barclays - 114/1000

Walmart - 59/600

2 INQ

TU via Walmart = 719

 

3/25

Wells Fargo – 433/4000 (Paid, closes on 7th)

Discover – 208/3000 (Paid, closes on 6th)

Barclays – $114/$1000 (closed at 0 on 24th, hasn’t reported yet per USAA)

0 INQ

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Must be like Homer Simpson's invention, the "everything's okay alarm". It goes off constantly unless something's wrong, like a fire is detected, which causes it to go silent so you know there's an issue.

 

250px-OKalarm.jpg

Edited by cv91915

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Tomorrow you will get another email from scorewatch..... Subject: "Just messin with you bro"

 

Yeah, at this point getting an alert that my FICO is < 725 is more than a little disconcerting.

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Nope, that's plenty for now. :D

 

Are you only interested in the FICO impact when all cards report zero, or are you interested in what happens at the intermediate milestones (going from 4 to 3, 3 to 2, and/or 2 to 1 cards reporting balances)?

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