AmEx Charge Card reported as revolving CC by EX - Help?

[Scamp]

Message Edited by scapegrace13 on 04-24-2008 06:35 PM

[Anonymous]

I had not paid much attention- I checked when I saw your post-

My Green Charge card shows up as revolving on EXP, myFICO and credit Secure as revolving-

Now If I can get them to report the HIGH balance instead of High Statement balance this would be a non-issue.  

HOWEVER- Based on my score tracking- I think FICO is smart enough to ignore this in UTL - EXP does not give positive factors on myFICO.  I fully believe it sees the 1 month term and knows how to handle it.

[Scamp]

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Timothy wrote:

HOWEVER- Based on my score tracking- I think FICO is smart enough to ignore this in UTL - EXP does not give positive factors on myFICO.  I fully believe it sees the 1 month term and knows how to handle it.

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Message Edited by scapegrace13 on 04-24-2008 06:35 PM

[Anonymous]

I ran mine up over 6K last month - PIF

Now back to my 2K a month- I'll let you know in 1.5 months if it changes anything.

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scapegrace13 wrote:

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Timothy wrote:

HOWEVER- Based on my score tracking- I think FICO is smart enough to ignore this in UTL - EXP does not give positive factors on myFICO.  I fully believe it sees the 1 month term and knows how to handle it.

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I hope you're right, Timothy, but as EX is the lowest of my 3 scores, I do have concern that this is not the case.  

They do at least report my highest past balance, which is a crumb of comfort, but as this was barely over $1,000, it doesn't really help me util-wise.  If I can't get this straightened out, I'll either just have to find a way to PIF pre-statement-cut every month so that it always reports a 0, or switch to one of their revolving cc's (which I dread, based on what I've read on here) that will report a CL.

Thanks for your response. 

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[Anonymous]

EX is still my highest score-

[Scamp]

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Timothy wrote:

EX is still my highest score-

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Meaning, in your opinion, FICO really does filter this out properly, despite EX showing it in their util calcs, because if they didn't, your EX would be lower (sorry if I'm being dense)?

[Anonymous]

Exactly-

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scapegrace13 wrote:

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Timothy wrote:

EX is still my highest score-

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Meaning, in your opinion, FICO really does filter this out properly, despite EX showing it in their util calcs, because if they didn't, your EX would be lower (sorry if I'm being dense)?

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