Reply
Contributor
Posts: 81
Registered: ‎02-05-2010
0

Macy's store card not reporting limit

Macy's suddenly stopped reporting my credit limit, only the balance. How does this affect my score when they don't know my utilization?

12/2009 TU - 526, EQ - 523, EX 526
03/2010 TU - 646, EQ - 586, EX 651
10/2010 TU - 657, EQ - 628, EX ???
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
0

Re: Macy's store card not reporting limit

They stopped around May or so. A lot of us were impacted. Per your FICO, that TL's balance and CL are removed from scoring. That's a good thing if it had high util. It's a bad thing if it had a low balance and the CL helped your overall util. My util spiked by over 20% after Bloomingdales and Macys (DSNB accounts) removed the CL. I lost over $7000 in available credit and my scores took a beating.

Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
0

Re: Macy's store card not reporting limit

A lengthy discussion on this topic can be found Here

Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Contributor
Posts: 81
Registered: ‎02-05-2010
0

Re: Macy's store card not reporting limit

Thanks for the reply and link

12/2009 TU - 526, EQ - 523, EX 526
03/2010 TU - 646, EQ - 586, EX 651
10/2010 TU - 657, EQ - 628, EX ???
Frequent Contributor
Posts: 253
Registered: ‎09-01-2009
0

Re: Macy's store card not reporting limit

[ Edited ]

I feel your pain. Just when I received a massive credit line increase ($1300) from Bloomingdale's and start doing the happy dance, I find out that they're no longer reporting credit limits to the reporting agencies. Oy! It's the epitome of bittersweet, lol..   BUT, the fact that they upped me by such a large amount gives me hope that I'm on the right track and should just keep doing what I'm doing and it'll pay off in the end.

 

Update: I found out that both Macy's and Bloomingdale's upped me to $1500... OH the cruel irony of it all. Work so hard to get credit limits within those ranges only to have them not being reported so other creditors can see the responsible man I've become, lol..

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.