topic Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem? in myFICO® Product Feedback
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5900#M307
<DIV>I was wrong.. I apologize. Looks like balances on closed accounts DO affect utilization. Sorry about that!</DIV>Sat, 05 May 2007 13:40:38 GMTTuscani2007-05-05T13:40:38ZHelp! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5014#M267
<DIV>So, I ran my EQ on myfico and almost puked...it DROPPED 32 points!! I discovered that it's because an old CO is now showing as active and they're including it in the UT calculation. It says my UT is 75% when it should be 36%. I freaked out and popped for the other two reports, and they are showing correctly (with a 14pt increase on EX and 22 pt on TU! yay!). Who do I take this up with--myfico.com or EQ?</DIV>Tue, 01 May 2007 17:24:19 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5014#M267twnkltoz2007-05-01T17:24:19ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5025#M268
<DIV></DIV><DIV><BR /><BLOCKQUOTE><DIV><HR />twnkltoz wrote:<BR /><DIV>So, I ran my EQ on myfico and almost puked...it DROPPED 32 points!! I discovered that it's because an old CO is now showing as active and they're including it in the UT calculation. It says my UT is 75% when it should be 36%. I freaked out and popped for the other two reports, and they are showing correctly (with a 14pt increase on EX and 22 pt on TU! yay!). Who do I take this up with--myfico.com or EQ?</DIV><BR /><HR /></DIV></BLOCKQUOTE><BR /><DIV>So the CO must only be reporting on EQ right? Otherwise, your TU and EX would not have increased with a new CO. Also, your beef should be with the CRA, not MyFico. MyFico simply generates a score with the information given. They are not responsible for information on your reports.</DIV><DIV> </DIV><DIV>Also, keep in mind, your three scores will rarely ever be the same. Work on getting the collection removed and you will bounce back.</DIV></DIV>Tue, 01 May 2007 17:51:03 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5025#M268Tuscani2007-05-01T17:51:03ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5032#M270
<DIV>It is reporting to all three, but EX and TU are calculating correctly.</DIV>Tue, 01 May 2007 17:59:53 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5032#M270twnkltoz2007-05-01T17:59:53ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5042#M271
<DIV>Doesn't sound like they are if you gained points with a new collection. <img class="emoticon emoticon-smileyhappy" id="smileyhappy" src="http://fico.i.lithium.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /></DIV><DIV> </DIV><DIV>What are your TL differences betweens all three reports?</DIV>Tue, 01 May 2007 18:09:54 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5042#M271Tuscani2007-05-01T18:09:54ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5043#M272
<DIV>Also, you are pulling your TU and EX scores from MyFico and not the CRAs right?</DIV>Tue, 01 May 2007 18:10:48 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5043#M272Tuscani2007-05-01T18:10:48ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5049#M273
<DIV>Correct--all three reports were from myfico. That does make me think that it's an EQ problem, but I thought it might be a FICO calculation problem, like they're looking at the account wrong? </DIV>Tue, 01 May 2007 18:15:08 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5049#M273twnkltoz2007-05-01T18:15:08ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5051#M274
<DIV></DIV><DIV>Oh, sorry...it's not a new collection. It's been there for a long time, but I think EQ is looking at it as current while the others are still disregarding it for UT purposes.</DIV><DIV> </DIV><DIV>EQ: 568 (was 600)</DIV><DIV>EX: 600 (was 586)</DIV><DIV>TU: 634 (was 612)</DIV><DIV> </DIV><DIV>At least my middle score stayed the same!</DIV><BR /><BR />Message Edited by twnkltoz on <SPAN class="date_text">05-01-2007</SPAN> <SPAN class="time_text">11:17 AM</SPAN>Tue, 01 May 2007 18:17:03 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5051#M274twnkltoz2007-05-01T18:17:03ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5058#M276
<DIV><DIV><BR /><BLOCKQUOTE><DIV><HR />twnkltoz wrote:<BR /><DIV></DIV><DIV>Oh, sorry...it's not a new collection. It's been there for a long time, but I think EQ is looking at it as current while the others are still disregarding it for UT purposes.</DIV><DIV> </DIV><DIV>EQ: 568 (was 600)</DIV><DIV>EX: 600 (was 586)</DIV><DIV>TU: 634 (was 612)</DIV><DIV> </DIV><DIV>At least my middle score stayed the same!</DIV><BR /><BR />Message Edited by twnkltoz on <SPAN class="date_text">05-01-2007</SPAN> <SPAN class="time_text">11:17 AM</SPAN><BR /><HR /></DIV></BLOCKQUOTE><BR /><DIV>AH Ok. You had me scratching my head there. <img class="emoticon emoticon-smileyhappy" id="smileyhappy" src="http://fico.i.lithium.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /></DIV></DIV></DIV>Tue, 01 May 2007 18:24:56 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5058#M276Tuscani2007-05-01T18:24:56ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5114#M280
<DIV>So, with greater clarity...do I still need to talk to EQ?</DIV>Tue, 01 May 2007 19:33:11 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5114#M280twnkltoz2007-05-01T19:33:11ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5305#M291
<DIV>Well, I called EQ, and they said it's showing as an open account. But they're also showing it as a CO!! Dumb***es. She started an investigation...I hope it doesn't take forever!! <img class="emoticon emoticon-smileymad" id="smileymad" src="http://fico.i.lithium.com/i/smilies/16x16_smiley-mad.gif" alt="Smiley Mad" title="Smiley Mad" /> The "last reported" date updated, too...</DIV>Wed, 02 May 2007 15:45:02 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5305#M291twnkltoz2007-05-02T15:45:02ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5316#M292
<DIV></DIV><DIV><BR /><BLOCKQUOTE><DIV><HR />twnkltoz wrote:<BR /><DIV>Well, I called EQ, and they said it's showing as an open account. But they're also showing it as a CO!! Dumb***es. She started an investigation...I hope it doesn't take forever!! <img class="emoticon emoticon-smileymad" id="smileymad" src="http://fico.i.lithium.com/i/smilies/16x16_smiley-mad.gif" alt="Smiley Mad" title="Smiley Mad" /> The "last reported" date updated, too...</DIV><BR /><HR /></DIV></BLOCKQUOTE><BR /><DIV>Cool, keep us updated.</DIV></DIV>Wed, 02 May 2007 16:07:24 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5316#M292Tuscani2007-05-02T16:07:24ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5607#M302
<DIV>OH MY GOD I AM SO FREAKING PISSED!!!!!!</DIV><DIV> </DIV><DIV>I ran my EQ on myfico again today because I saw on TC that this a/c is no longer under investigation. Guess what? EQ has it as charged off again instead of open (which is good); however....they have it as charged off in 5/07!!!!! meaning, it looks like a new charge-off. They're STILL including it in UT, and now they show it as a late payment in the last month to boot!! They dropped my score ANOTHER 6 points!!!! I wish i'd never disputed it in the first place and they would have left it alone.</DIV><DIV> </DIV><DIV>I sent them a hand-written letter last week to verify or delete, so I guess I shouldn't do anything else until the results of that come back? At least my mid score is still 600 because EX has their act together (relatively so, anyway), but if EQ weren't such idiots my mid would be even higher, maybe even the 620 that would make life so much easier. </DIV><DIV> </DIV><DIV>Any advice? Wait it out, or do another phone/online dispute to get the last reported/charge off date fixed as a short-term solution?</DIV>Thu, 03 May 2007 18:21:19 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5607#M302twnkltoz2007-05-03T18:21:19ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5842#M304
<DIV></DIV><DIV><BR /><BLOCKQUOTE><DIV><HR />twnkltoz wrote:<BR /><DIV>OH MY GOD I AM SO FREAKING PISSED!!!!!!</DIV><DIV> </DIV><DIV>I ran my EQ on myfico again today because I saw on TC that this a/c is no longer under investigation. Guess what? EQ has it as charged off again instead of open (which is good); however....they have it as charged off in 5/07!!!!! meaning, it looks like a new charge-off. They're STILL including it in UT, and now they show it as a late payment in the last month to boot!! They dropped my score ANOTHER 6 points!!!! I wish i'd never disputed it in the first place and they would have left it alone.</DIV><DIV> </DIV><DIV>I sent them a hand-written letter last week to verify or delete, so I guess I shouldn't do anything else until the results of that come back? At least my mid score is still 600 because EX has their act together (relatively so, anyway), but if EQ weren't such idiots my mid would be even higher, maybe even the 620 that would make life so much easier. </DIV><DIV> </DIV><DIV>Any advice? Wait it out, or do another phone/online dispute to get the last reported/charge off date fixed as a short-term solution?</DIV><BR /><HR /></DIV></BLOCKQUOTE>If it is closed there is no impact on your utilization. Your score dropped because of the recent late.. remember though, this does not restart the 7 year clock. Wait out your existing dispute before submitting another.<BR /><DIV></DIV></DIV>Sat, 05 May 2007 02:14:52 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5842#M304Tuscani2007-05-05T02:14:52ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5857#M305
<DIV>Well, whatever the issue is...according to myfico theyr'e including it in my utilization and my amount of debt. </DIV>Sat, 05 May 2007 02:41:56 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5857#M305twnkltoz2007-05-05T02:41:56ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5859#M306
<DIV>On the bright side, they deleted another of my old charge offs! Go figure.</DIV>Sat, 05 May 2007 02:44:59 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5859#M306twnkltoz2007-05-05T02:44:59ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5900#M307
<DIV>I was wrong.. I apologize. Looks like balances on closed accounts DO affect utilization. Sorry about that!</DIV>Sat, 05 May 2007 13:40:38 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5900#M307Tuscani2007-05-05T13:40:38ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5926#M309
<DIV>Well, I don't think it should. It didn't before this whole issue came up! <img class="emoticon emoticon-smileymad" id="smileymad" src="http://fico.i.lithium.com/i/smilies/16x16_smiley-mad.gif" alt="Smiley Mad" title="Smiley Mad" /></DIV>Sat, 05 May 2007 16:02:11 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5926#M309twnkltoz2007-05-05T16:02:11ZRe: Help! Incorrect UT calculation: myfico.com problem or EQ problem?
http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5929#M310
<DIV>I agree. And I was under the same impression as you. I thought only opened accounts were factored. So thanks for teaching me something!</DIV>Sat, 05 May 2007 16:08:06 GMThttp://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Help-Incorrect-UT-calculation-myfico-com-problem-or-EQ-problem/m-p/5929#M310Tuscani2007-05-05T16:08:06Z