Vantage Score 3.0 - First 6 month aging threshold on a new credit file

3 years ago

Thu Feb 10, 2022 10:42 pm

BrutalBodyShots

Senior AdministratorGoodwill Saturation Technique Author

BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!

Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 15 days, 22 hours, and 2 minutes Next Level in15 days, 1 hour, and 58 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 15 days, 22 hours, and 2 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 15 days, 22 hours, and 2 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 15 days, 22 hours, and 2 minutes ago

Good post and nice finding regarding aging being 1 month greater with VS compared to Fico.

Have you figured out what the cutoff is regarding the opening date of the account? I think you may have speculated previously that an account opened on (say) the 15th or later of the month would be seen for aging purposes as being opened on the 1st of the following month?

3 years ago

Thu Feb 10, 2022 11:36 pm

Cassie

DeveloperLoves long talks on the beach

Cassie has been gardening for over 2 years.

Level54 Last INQFriday, February 14, 2020 Gardening For4 years, 6 months, 24 days, 22 hours, and 2 minutes Next Level in6 days, 1 hour, and 58 minutes on September 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 6 months, 24 days, 22 hours, and 2 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 6 months, 24 days, 22 hours, and 2 minutes ago

BrutalBodyShots wrote: ↑Thu Feb 10, 2022 10:42 pm Have you figured out what the cutoff is regarding the opening date of the account? I think you may have speculated previously that an account opened on (say) the 15th or later of the month would be seen for aging purposes as being opened on the 1st of the following month?

That was my best guess explanation for what's going on with this aging difference. Birdman is seeing the same thing with an account opened late in a month. I think Vantage Score uses a midpoint month date for the line and any opening date prior to that will be counted from the 1st of that month. My first 2 cards were opened on Dec 20 and Dec 23 in 2018. FICO says they are each 3yr 2mo old, and VS3 says 3yr 1mo. VS3 has never increased the age on the exact date of opening - only on the 1st of the next higher month. My next 2 cards were opened on Feb 14 and Feb 16 in 2020. FICO says they are each 2yr 0mo old, and VS3 says 1yr 11mo. Look at that February 14 date, though! Right in the middle for a February that's normally only 28 days, but that year was a leap year, so it was 29 days and 14 would be before the midpoint. I think their code doesn't make an exception for February in a leap year. I'd like to see what people have for VS3 aging with an account opening date of something like the 10th or 13th of a month. I believe it will match with what Experian CMS says for FICO aging.

3 years ago

Fri Feb 11, 2022 8:10 am

BrutalBodyShots

Senior AdministratorGoodwill Saturation Technique Author

BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!

Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 15 days, 22 hours, and 2 minutes Next Level in15 days, 1 hour, and 58 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 15 days, 22 hours, and 2 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 15 days, 22 hours, and 2 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 15 days, 22 hours, and 2 minutes ago

I think your thought process is sound and that the middle of the month makes sense. The last 3 accounts I opened were on the 30th, 28th and 3rd of the month they were opened, so none of them are close to the mid point / good for testing. All do follow the age you suggested though if I consider the mid point of the month the threshold spot.

3 years ago

Mon Feb 14, 2022 12:34 am

Birdman

Primer AuthorCo-Founder

Birdman has been gardening for over 2 years.

Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 5 days, 22 hours, and 2 minutes Next Level in24 days, 1 hour, and 58 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 5 days, 22 hours, and 2 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 5 days, 22 hours, and 2 minutes ago

I need to go check all my opening dates.

2 years ago

Mon May 02, 2022 12:59 pm

SoonerSoldier33

Seasoned RebelTeam Cash Back

Level9 Last INQMonday, November 27, 2023 Gardening For9 months, 11 days, 22 hours, and 2 minutes Next Level in19 days, 1 hour, and 58 minutes on September 27th INQ 1yr onWednesday, November 27, 2024 INQ 1yr in2 months, 19 days, 1 hour, and 58 minutes INQ 2yr onThursday, November 27, 2025 INQ 2yr in1 year, 2 months, 19 days, 1 hour, and 58 minutes Goal24 months Goal DateThursday, November 27, 2025 Goal In1 year, 2 months, 19 days, 1 hour, and 58 minutes

Adding to this thread that the 6 month aging threshold is alive and well. I opened my last 2 revolving accounts on Oct 12 and 14, along with my auto loan on Oct 20. I received a +13 point bump on May 1, as all accounts aged to 6 months. No utilization or other changes to my reports, so this is purely aging metrics.

Screenshot_20220502-115056_Credit Karma.jpg 192.71 KiB Viewed 225 times

Screenshot_20220502-115109_Credit Karma.jpg 190.69 KiB Viewed 225 times

2 years ago

Mon May 02, 2022 11:06 pm

BrutalBodyShots

Senior AdministratorGoodwill Saturation Technique Author

BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!

Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 15 days, 22 hours, and 2 minutes Next Level in15 days, 1 hour, and 58 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 15 days, 22 hours, and 2 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 15 days, 22 hours, and 2 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 15 days, 22 hours, and 2 minutes ago

A little off topic, but why the +13 gain on one bureau and +14 on the other? The scores being the same now makes sense, but I would think their starting points would have also been the same?

2 years ago

Tue May 03, 2022 11:46 am

SoonerSoldier33

Seasoned RebelTeam Cash Back

Level9 Last INQMonday, November 27, 2023 Gardening For9 months, 11 days, 22 hours, and 2 minutes Next Level in19 days, 1 hour, and 58 minutes on September 27th INQ 1yr onWednesday, November 27, 2024 INQ 1yr in2 months, 19 days, 1 hour, and 58 minutes INQ 2yr onThursday, November 27, 2025 INQ 2yr in1 year, 2 months, 19 days, 1 hour, and 58 minutes Goal24 months Goal DateThursday, November 27, 2025 Goal In1 year, 2 months, 19 days, 1 hour, and 58 minutes

BrutalBodyShots wrote: ↑Mon May 02, 2022 11:06 pm A little off topic, but why the +13 gain on one bureau and +14 on the other? The scores being the same now makes sense, but I would think their starting points would have also been the same?

Yea, it's a little strange, but this is my best guess. After really studying both 3B and ACR reports, there is something different about a couple of my accounts in the way the payment history reports to TU. Somehow, the overall status of the account has been reported to TU, but not actual monthly payment history, yet that monthly payment history is present on both EX and EQ. The result is that my VS 3.0 scores never quite sync up, bc there is underlying different data reported to all 3 CRAs. Also to note, my TU report has 1 scoreable hard inquiry, where my EQ does not. So, logic would say my TU should actually be a little lower than EQ, but I believe the absence of payment history (some derogatory) on certain accounts actually 'helps' my TU score, and they somehow came perfectly together this month even though TU has a scoreable inquiry and EQ does not.

2 years ago

Sat May 07, 2022 9:47 pm

Birdman

Primer AuthorCo-Founder

Birdman has been gardening for over 2 years.

Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 5 days, 22 hours, and 2 minutes Next Level in24 days, 1 hour, and 58 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 5 days, 22 hours, and 2 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 5 days, 22 hours, and 2 minutes ago

@Cassie OK check this out if an account was opened on the 10th, it is not counting it until the following month, if it was opened on the 7th, it is counting it. I do not have any accounts opened in between that to discriminate the cut off, so y’all help me if you’ve got an account that was opened on the 8th, 9th, go to Credit Karma and see what the age is and then see if that matches reality or is off by one month. I tend to believe if it’s the 10th or after it doesn’t count and I’m guessing that if it’s before the 10th of the month it does count, as I can verify it does for the seventh and it does not for the 10th. So 15th is not the cut off. I believe it’s the 10th.

2 years ago

Sat May 07, 2022 10:20 pm

SoonerSoldier33

Seasoned RebelTeam Cash Back

Level9 Last INQMonday, November 27, 2023 Gardening For9 months, 11 days, 22 hours, and 2 minutes Next Level in19 days, 1 hour, and 58 minutes on September 27th INQ 1yr onWednesday, November 27, 2024 INQ 1yr in2 months, 19 days, 1 hour, and 58 minutes INQ 2yr onThursday, November 27, 2025 INQ 2yr in1 year, 2 months, 19 days, 1 hour, and 58 minutes Goal24 months Goal DateThursday, November 27, 2025 Goal In1 year, 2 months, 19 days, 1 hour, and 58 minutes

Birdman wrote: ↑Sat May 07, 2022 9:47 pm @Cassie OK check this out if an account was opened on the 10th, it is not counting it until the following month, if it was opened on the 7th, it is counting it. I do not have any accounts opened in between that to discriminate the cut off, so y’all help me if you’ve got an account that was opened on the 8th, 9th, go to Credit Karma and see what the age is and then see if that matches reality or is off by one month. I tend to believe if it’s the 10th or after it doesn’t count and I’m guessing that if it’s before the 10th of the month it does count, as I can verify it does for the seventh and it does not for the 10th. So 15th is not the cut off. I believe it’s the 10th.

Could be correct, bc my last 2 accounts opened on the 12th and 14th of October didn't age to 6 months until the 1st of May according to CK, and other VS 3.0 sites.

2 years ago

Wed Jun 22, 2022 7:09 am

Have1

Seasoned Rebel

Have1 has been gardening for over 2 years.

Level29 Last INQSaturday, March 12, 2022 Gardening For2 years, 5 months, 26 days, 22 hours, and 2 minutes Next Level in4 days, 1 hour, and 58 minutes on September 12th INQ 1yr onSunday, March 12, 2023 INQ 1yr reached1 year, 5 months, 26 days, 22 hours, and 2 minutes ago INQ 2yr onTuesday, March 12, 2024 INQ 2yr reached5 months, 26 days, 22 hours, and 2 minutes ago

I went and looked up my VS3 aging so I may as well add my DPs to the VS3 aging question.

My dates match between FICO and VS3 to the 13th (my latest in the first half of the month).
My next date is the 24th which shows on month less age. As do the others after that.

2 years ago

Tue Jun 28, 2022 6:00 pm

Birdman

Primer AuthorCo-Founder

Birdman has been gardening for over 2 years.

Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 5 days, 22 hours, and 2 minutes Next Level in24 days, 1 hour, and 58 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 5 days, 22 hours, and 2 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 5 days, 22 hours, and 2 minutes ago

Have1 wrote: ↑Wed Jun 22, 2022 7:09 am I went and looked up my VS3 aging so I may as well add my DPs to the VS3 aging question. My dates match between FICO and VS3 to the 13th (my latest in the first half of the month). My next date is the 24th which shows on month less age. As do the others after that.

Check that again before the 13th of the month after the first.