03-06-2009 06:27 PM
I have a cc reporting with no loc it shows high balance and current balance and payment due
but not reporting credit card loc the card has around 3k on it the loc is 35k I am wondering if this not being reported is messing up my ultization
my other cards show the loc this 1 dosent
03-06-2009 06:34 PM - edited 03-06-2009 06:38 PM
Is it messing up your utilization?...yes, I'm sure it is. I've seen other threads here about cards that don't report limits...they always seem to be high limit cards. I believe some people choose to run the card up and then pay it off so that the high balance showing on reports kind of acts like the cards limit.
Do a search here aand you may be able to find more information. Or wait a bit and someone who knows more about them will answer.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.