Possible for an AU account to raise F8 scores, but lower 2/4/5?

3 months ago

Sun Jun 02, 2024 9:59 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, 20 hours, and 6 minutes Next Level in6 days, 3 hours, and 54 minutes on September 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 6 months, 24 days, 20 hours, and 6 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 6 months, 24 days, 20 hours, and 6 minutes ago

BrutalBodyShots wrote: ↑Fri May 31, 2024 11:45 am I came across someone claiming that the addition of an AU account to their file raised their Fico 8 scores ~35 points, but lowered their 2/4/5 mortgage scores ~20 points.

@Rowdy_Dodger , did you see anything like this while collecting data points on AU accounts?

3 months ago

Wed Jun 05, 2024 11:18 am

Slabenstein

OutlierDinosaurs are patriots

Slabenstein has passed the 24 month threshold and is completely inquiry free!
Slabenstein has achieved the Garden Goal !!

Level24 Last INQThursday, September 1, 2022 Gardening For2 years, 6 days, 20 hours, and 6 minutes Next Level in23 days, 3 hours, and 54 minutes on October 1st INQ 1yr onFriday, September 1, 2023 INQ 1yr reached1 year, 6 days, 20 hours, and 6 minutes ago INQ 2yr onSunday, September 1, 2024 INQ 2yr reached6 days, 20 hours, and 6 minutes ago Goal24 months Goal DateSunday, September 1, 2024 Goal Achieved6 days, 20 hours, and 6 minutes ago

Since F8 and the so-called mortgage scores score AU accounts differently, in principal this should be possible. One way you might see an opposite affect that I can think of is on a thin profile: if the AU card has a balance, then you get a AWB penalty on the mortgage scores, if it doesn't, then you get an AU AZ penalty on F8.

3 months ago

Wed Jun 05, 2024 9:02 pm

Beefy

Seasoned Rebel

Level3 Last INQTuesday, May 28, 2024 Gardening For3 months, 10 days, 20 hours, and 6 minutes Next Level in20 days, 3 hours, and 54 minutes on September 28th INQ 1yr onWednesday, May 28, 2025 INQ 1yr in8 months, 20 days, 3 hours, and 54 minutes INQ 2yr onThursday, May 28, 2026 INQ 2yr in1 year, 8 months, 20 days, 3 hours, and 54 minutes Goal12 months Goal DateWednesday, May 28, 2025 Goal In8 months, 20 days, 3 hours, and 54 minutes

Could a potentially very thin young profile with a not very old AU card cause this? The new account penalty on fico mortgage is 18 months right? Say a 13-17 month old AU account

Fico mortgage gains nothing but some negative reason codes but F8 manages to score a few positive points?