Still No Budge in FICO...

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Vattené
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Still No Budge in FICO...

Postby Vattené » Wed Dec 17, 2014 10:38 pm

Discover has updated my FICO score for December and it is still stuck at 756. It has been sitting here since my September statement, so this is the fourth consecutive month it has been here.

I am starting to get suspicious. I'm willing to accept that it won't differ from month to month with no major changes in my credit file (I would expect it to at least move a blip since minor things are changing {like utilization moving and AAoA creeping up} but it's still reasonable to see no movement). However, I was convinced it would do something, anything after getting my Amex account - I mean it's a brand new account so AAoA will go down, total credit limit will go up and utilization will go down (since my spending isn't going up proportionally).

Nope. Nothing. Last month I thought, "well, maybe it will take some more time to get reported to TU." CK is pulling the account info on Amex, which comes from TU...as does Discover's FICO. It is what it is, though. I just find it strange.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now


popamode72
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Postby popamode72 » Wed Dec 17, 2014 10:47 pm

Do you have ScoreWatch from MyFico or something else like that you can use to check if that score is accurate or not? I'd get a copy of your TU FICO from there to see what's going on just in case something's not reporting correctly.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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Vattené
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Postby Vattené » Wed Dec 17, 2014 10:56 pm

I'm not familiar with ScoreWatch. I got my last TU credit report in October (before I opened the Amex account), and everything was accurate. I wouldn't be able to get another free one now, and I just don't think it is worth it to me to pay for one. Everything is accurate on CK's credit report anyway, which pulls from TU. In short, I'm reasonably confident that TU has accurate info on me.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

popamode72
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Postby popamode72 » Wed Dec 17, 2014 10:59 pm

Vattené wrote:I'm not familiar with ScoreWatch. I got my last TU credit report in October (before I opened the Amex account), and everything was accurate. I wouldn't be able to get another free one now, and I just don't think it is worth it to me to pay for one. Everything is accurate on CK's credit report anyway, which pulls from TU. In short, I'm reasonably confident that TU has accurate info on me.


If it makes you feel better, my EX FICO has stayed pretty constant no matter what changes have been made to it or whether my limits have been increased or not. It's still at around a 695 and shortly went up a bit before going right back down. These days I don't really worry about my FICOs per se because that's not a guarantee of itself of an approval on another card a lot of the time.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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Vattené
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Postby Vattené » Wed Dec 17, 2014 11:19 pm

That's true. I am not planning on getting a mortgage in the near future, so the score itself doesn't matter too much. It's more that I would expect it to move around a little given all the the different factors that go into it and that are changing themselves. I won't worry about it that much in the end.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

ingramjuan
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Postby ingramjuan » Thu Dec 18, 2014 8:56 pm

Although I don't have a Discover card, I did noticed this also with FICO. My credit score stayed the same regardless of the utilization, but when I open up my AMEX everything changed. From that point my score changes monthly and usually on the 2nd of each month.
CARDS:
Capital One Platinum (2001) |Capital One QuickSilver World (2002) | Amex Gold Delta (2013) | Best Buy Visa (2013) |Discover It (2015) | Amex Platinum (2015)

Gardening Since: June, 2015

Next Cards:
Personal: Chase Freedom Unlimited
Business: Amex Plum
Store Card: Lowes

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Vattené
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Postby Vattené » Fri Dec 19, 2014 10:28 am

Do you see it ticking up each month in general?

I am also getting all of my scoring information from TU. I'd be interested to see what the activity is like with other CRAs (just not interested enough to pay for it).
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

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CarefulBuilder14
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Postby CarefulBuilder14 » Sat Dec 20, 2014 1:36 pm

I was stuck at TU 720 from August to early November. I don't know if there's some FICO formula 'friction' factor that keeps you at a 756 until your score merits something above 761 or below 751. Anecdotal evidence suggests it might be possible, though. Perhaps the instant updates are reserved for people who get CB paid services?

Although I've heard Walmart will show small updates.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

takeshi
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Postby takeshi » Sat Dec 20, 2014 3:28 pm

Sounds like bucketing which is a common topic on CreditBoards.

popamode72
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Postby popamode72 » Sat Dec 20, 2014 4:25 pm

takeshi wrote:Sounds like bucketing which is a common topic on CreditBoards.


I post over there sometimes but haven't heard of bucketing before.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)



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