Ok guys, I am bored at work, so here's a thought I'm having. Earlier this month, utilization was right around 50 percent. To my(pleasant) surprise, I found both Discover and Barclays report my fico score at 695. I say that because I thought it would be lower with such a high utilization. Anyway, when all my balances update next month with zero on all of them except one, any guesses what my score will be ??? The highest I have ever seen it, for reference, was 719 about 14 months ago, at which point I only had half the cards I currently carry.
@Jayb5635 wrote:
Ok guys, I am bored at work, so here's a thought I'm having. Earlier this month, utilization was right around 50 percent. To my(pleasant) surprise, I found both Discover and Barclays report my fico score at 695. I say that because I thought it would be lower with such a high utilization. Anyway, when all my balances update next month with zero on all of them except one, any guesses what my score will be ??? The highest I have ever seen it, for reference, was 719 about 14 months ago, at which point I only had half the cards I currently carry.
There is no real way to determine that...too many variables per individual reports. You could get bucketed/rebucketed due to #INQ's, AAoA, utilization and who knows what FICO has in their algorithm.
Yeah, that's probably true. I'm sitting at work thinking about it but I know there's no way to accurately determine it. Again, I'm bored, and my mind wanders haha.
@Jayb5635 wrote:
Yeah, that's probably true. I'm sitting at work thinking about it but I know there's no way to accurately determine it. Again, I'm bored, and my mind wanders haha.
Try this and you'll be in the ballpark +/- 50 pts: http://www.myfico.com/FICOCreditScoreEstimator/Default.aspx
Ok thanks. It will be interesting to see what my score ends up being next month. I will update then.
