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Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008
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FICO Brain Teaser: 3% uti = 776. 11% uti = 787

[ Edited ]

Just a little brain teaser this morning on a FICO twist.

 

I had previously posted that I was getting a negative comment when my utilization was 3%.  However, I realized it was possibly because my Discover $2k CL had a balance of $1700....plus I had $443 on NFCU that snuck through on a $25k CL.  My TU FICO showed 776.

 

I paid Discover off and it has zero'd out on CR.  However, I am doing some home improvement and let a $7000 PenFed balance report on my $10k CL.  Plus I still show the $443 on NFCU.  Utiliztion is now 11%, still have a negative comment on utilization but my FICO jumped up to 787.

 

 

Message Edited by txjohn on 07-23-2009 05:36 AM

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Super Contributor
Posts: 5,722
Registered: ‎10-06-2007
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Re: FICO Brain Teaser: 3% uti = 776. 11% uti = 787

LOL part B:

 

777 for 0% util, 767 for $18 util on a 3200 CL card.

 

Answer: IMHO those in major derog score group who have been clean are more likely to revert back to old ways as time goes by so lets ding them for low usage just to remindt hem to stay clean.  In your case (probably a clean record), we dont like clean records so we are trying to get you to use more credit so we can smack you for high util or hopefully a late payment.

 

Seriously, I think TU score have been weird lately and I swear that 1 year ago, 1% util had no effect on my TU score.  I would say the TU scores here have been tweaked but there really isnt a way to know for sure.

09/10/2016 FICO: EQ: 797 EX:788 TU:795
Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
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Re: FICO Brain Teaser: 3% uti = 776. 11% uti = 787

Is it possible any of your accounts hit an anniversary (1 month, 3 months, 6 months)?
Here we go again...
Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008
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Re: FICO Brain Teaser: 3% uti = 776. 11% uti = 787

I'm sure a couple of my recent accounts hit 3 months, but I am not aware of that being a big boost, especially not enough to compensate for 11% uti and 70% on a single card, but I could be wrong.  I have no explanation myself.  Smiley Happy

 

 

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator


09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
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Re: FICO Brain Teaser: 3% uti = 776. 11% uti = 787

Some of these changes make sense - others are a lot less clear. More examples:

 

1) My UTIL went from 8% to 12% -and- I let one more account report a balance. Cost me 23 points on EQ FICO. Seems high, but it kinda makes sense.

 

2) Had some new stuff report. Impact on TU FICO: 731 -> 729 for -2. Impact on EQ FICO 699 -> 703 for +4

 

TU's ding for a new account seems to exceed the value of the decreased UTIL. The reverse for EQ. Possible explanations: 1) Different scoring models. 2) Different scoring buckets. I have a baddie (120-day late/13 lates) reporting on EQ. I only have 2 30-day lates reporting on TU. Both CB's report lates on two accounts.

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