Last CA comes off and I am confused?

2 years ago

Mon Jul 04, 2022 8:28 am

Have1

Seasoned Rebel

Have1 has been gardening for over 2 years.

Level30 Last INQSaturday, March 12, 2022 Gardening For2 years, 6 months, 4 days, 13 hours, and 38 minutes Next Level in25 days, 10 hours, and 22 minutes on October 12th INQ 1yr onSunday, March 12, 2023 INQ 1yr reached1 year, 6 months, 4 days, 13 hours, and 38 minutes ago INQ 2yr onTuesday, March 12, 2024 INQ 2yr reached6 months, 4 days, 13 hours, and 38 minutes ago

LaHossBoss wrote: ↑Sun Jul 03, 2022 12:46 pm Yup, 23.333mo AAoRA on 12/2022. Unless they round up to whole numbers for anything over .01, it doesn't make sense. On 1/2023, I will have 24.33 AAoRA, but the simulator had no scoring changes going from 12/22 to 1/23.

@LaHossBoss if you have Excel or LibreOffice Calc (free) you can use the spreadsheet @beets18 made and see the aging metrics in all their current and future glory. It'll take some of the uncertainty about your calculations away. viewtopic.php?f=3&t=813&hilit=Age+of+account Edit: I just checked it with the Excel app on Android and it works there. The app is free if you have an email account from Microsoft. I used an old Hotmail account. Edit: clarification - email account.

2 years ago

Mon Jul 04, 2022 8:04 pm

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 38 minutes Next Level in22 days, 10 hours, and 22 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 38 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 38 minutes ago

@Have1 ok, I did it, but one quirk. I know nothing is perfect, but just more of an FYI, and that may not be able to be taken in account for, anyway. EX and EQ don't follow closed date for aging off. They actually use "last updated" date to base the 10 years of reporting after closing on. Crazy, I know. For many, it would be the closed date, but for some it will not be, like myself. So, I just plug in the "last updated" date in the "closed" section. It already aged off TU (closed 3/2010), so it was a non-issue. So, according to your chart, it does round up. And unless the MF is only considering the "closed date" for AAoRA or maybe using only open accounts, it is 2y even, so I guess they round up at any decimal over .0 So, that makes sense for scoring on TU, but if MF counted my oldest revolver, which will still be reporting in 5 months, it would not be an aging threshold at 3y 10mo for AAoRA. So, that could be it: MF sim is using AAoRA, thinking it is 2y for both EX and TU, but doesnt explain why EQ doesn't get any scoring boost if that is the aging metric they are using. I guess perhaps because EQ is still on a PR scorecard?

2 years ago

Tue Jul 05, 2022 4:32 am

Have1

Seasoned Rebel

Have1 has been gardening for over 2 years.

Level30 Last INQSaturday, March 12, 2022 Gardening For2 years, 6 months, 4 days, 13 hours, and 38 minutes Next Level in25 days, 10 hours, and 22 minutes on October 12th INQ 1yr onSunday, March 12, 2023 INQ 1yr reached1 year, 6 months, 4 days, 13 hours, and 38 minutes ago INQ 2yr onTuesday, March 12, 2024 INQ 2yr reached6 months, 4 days, 13 hours, and 38 minutes ago

@LaHossBoss, @beets18 is the author of the spreadsheet, not me. I found it much better than my attempt. @Birdman,@BrutalBodyShots and @Cassie can offer better insight on this than I can. From what I have seen of CMS and their crystal balls they don't seem to follow what we have learned about the algorithms and fail to differentiate between all the scorecards when calculating things. There are some odd things on my reports which we have talked about. I'm not convinced whether they are actually on the record or just transcription errors when pulled for display to the consumer. Hopefully, we can get some better informed input from our gurus. Edit: Fix bbcode.

2 years ago

Tue Jul 05, 2022 10:15 am

LaHossBoss

Outlier

LaHossBoss has been gardening for over 2 years.

Level33 Last INQThursday, December 9, 2021 Gardening For2 years, 9 months, 7 days, 13 hours, and 38 minutes Next Level in22 days, 10 hours, and 22 minutes on October 9th INQ 1yr onFriday, December 9, 2022 INQ 1yr reached1 year, 9 months, 7 days, 13 hours, and 38 minutes ago INQ 2yr onSaturday, December 9, 2023 INQ 2yr reached9 months, 7 days, 13 hours, and 38 minutes ago

@Have1 , sorry, did not mean to imply it was your error or creation. Just after following me and SO's CRs closely the past 3 years, these are the things I noticed about old, closed accounts aging off. You may be right, though, who knows what counts? I will say, the last batch of oldest accounts that aged off me and SO's CRs did impact scoring, so that says something, even though they were past 10yrs closed (went off "last updated" date on EQ and EX). Just like the couple other quirks with EX, where they age off baddies 2-3 months early, drop chains of lates all at once when the first in the string hits 7 years old, and how they age off inquiries at 13 mo, instead of 12 mo. I will sat, oddly, that EX did age of my inq at an unusual time recently. Not at 12mo or 13mo, but in between? Strange... Anyway, in 5 months, we will see what scoring impact there may be, if any, and that could be a good test! I will do my best to keep utilization steady, but I will have 1 inq on EX hit 1yr in Dec, I am sure the impact will unlikely be worth 40pts or anything even close!