17 of 27
8 months ago
Fri Jan 26, 2024 1:41 am
Cassie
DeveloperLoves long talks on the beach
Cassie has been gardening for over 2 years.
BrutalBodyShots wrote: ↑Fri Jan 26, 2024 1:29 amI'm starting to think it's all about number of accounts and perhaps the number of on-time payments on those accounts. On-time payment history only goes back 24 months, of course, but that's still a lot on its own. There are at least reason codes for a lot of the characteristics an added account would positively affect. There could be a thin/thick scorecard change as well, after which there would be diminishing returns. Maybe even negative affects with too many AUs, triggering the 'too few or too many cards' code?Beefy wrote: ↑Thu Jan 25, 2024 6:04 pm The MyFICO app clearly states it Rowdy is usually pretty knowledgeableRight, I agree. My question then is why do we (us credit people in general) always recommend that one of the attributes of an AU card being considered is that it's significantly aged? If it doesn't impact aging metrics as those images clearly state, have we just all wrongly believed that an AU account impacts aging metrics when all along they haven't?
Click images to enlarge them.
TCL: $64,000 ACL: $16,000
- Tagline Loves long talks on the beach
- Score data EQ8:790 TU8:790 EX8:795
- Classic 8 Scorecard CLEAN/THICK/MATURE/NO-NEW-REVOLVER
- Mortgage Scorecard CLEAN/THICK/MATURE/NO-NEW-ACCOUNT
- AoOA 6y9m
- AoORA 5y9m
- Date of Last Inquiry and/or New Account Opening February 14th, 2020