Reply
Regular Contributor
LILMAN8406
Posts: 131
Registered: ‎03-30-2009
0

Not being used in Util!!!!!!!!!!

I have a JC Penney CC with a 1650.00 cl it is showing up on my TR fico report. It says its a revolving account but isn't being calculated in my util. Is there anything i can do cause it's causing my util to be pretty high or am I just going to have to deal with it?
Eq WAS 500+ three years ago NOW IM 683 and Trans WAS ALSO 500+ NOW IM SITTING AT 710
700 You better be on the LOOK OUT(OOPS GUESS THEY WEREN'T LOOKING CAUSE I ALREADY MADE IT YAAAAYYYYYYYY)
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
0

Re: Not being used in Util!!!!!!!!!!

Sorry, I'm confused.

Just because it says "revolving" doesn't mean it's being calculated differently. What are you seeing that makes you think that this is happening?

Can you list your current revolving (CC) accounts with their reported balances and reported CL's? You can call them Card A, Card B, etc if you like.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
LILMAN8406
Posts: 131
Registered: ‎03-30-2009
0

Re: Not being used in Util!!!!!!!!!!

Ok it's as follows. My fico report states my util is 89%. But on my simulation  says you currently have a combined Revolving/Open Account balance of $2,863.** If it (JC PENNEY) was included it would be 3762.00. I'm asking because when i pay them down it will give me more cushion since the CO is included in my util.

 

 

                                              limit                   

JC PENNY                             1650.00              1079.00              

ASPEN MATER                     1000.00               892.00                 

HSBC ORCHARD                   300.00                0.00                    

WFNNB BUCKLE CARD         250.00                0.00

1FBUSA charge off                 1971.00              1971.00

 

Eq WAS 500+ three years ago NOW IM 683 and Trans WAS ALSO 500+ NOW IM SITTING AT 710
700 You better be on the LOOK OUT(OOPS GUESS THEY WEREN'T LOOKING CAUSE I ALREADY MADE IT YAAAAYYYYYYYY)
Regular Contributor
LILMAN8406
Posts: 131
Registered: ‎03-30-2009
0

Re: Not being used in Util!!!!!!!!!!

bump
Eq WAS 500+ three years ago NOW IM 683 and Trans WAS ALSO 500+ NOW IM SITTING AT 710
700 You better be on the LOOK OUT(OOPS GUESS THEY WEREN'T LOOKING CAUSE I ALREADY MADE IT YAAAAYYYYYYYY)
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Not being used in Util!!!!!!!!!!

I doubt you're going to get an answer on this before tomorrow.

 

I looked at it and it is very strange.

Frequent Contributor
ocheosa
Posts: 372
Registered: ‎06-15-2007
0

Re: Not being used in Util!!!!!!!!!!

[ Edited ]

HI OP,

 

I calculated the numbers you provided and it does not add up. By first glance it seems jcpenneys is not yet factored in and the only account included in util is Aspen even though total balance includes charge off account. I would get both the JC Penney and Aspen balances down before they report again.

 

                                               limit          balance     utilization 

 JC PENNY                             $1,650.00      $1,079.00      65.39%      

ASPEN MATER                      $1,000.00        $892.00       89.20%      

HSBC ORCHARD                      $300.00           $0.00         0.00%        

WFNNB BUCKLE CARD            $250.00           $0.00         0.00%        

1FBUSA charge off               $1,971.00     $1,971.00      100.00%    

       with jcpenneys         $5,171.00      $3,942.00      76.23%  overall utilization                                                                                                                         

     with out jcpenneys      $3,521.00      $2,863.00     81.31%  overall utilization

 

I apologize for formatting. Cannot get the columns to line up correctly.

Message Edited by ocheosa on 08-17-2009 11:26 PM
01/04/10 TU 778 EQ 731
08/05/09 TU 762 EQ 722
02/12/09 TU 722 EQ 704 EX 690
EQ sensitive to inqs & student loan.
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Not being used in Util!!!!!!!!!!

I got exactly the same thing.

Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
0

Re: Not being used in Util!!!!!!!!!!

LilMan, is this your EQ FICO or your TU FICO?

I ask because in the past, I have gotten some really screwy feedback from the TU report, both on the regular report and on the sims.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
LILMAN8406
Posts: 131
Registered: ‎03-30-2009
0

Re: Not being used in Util!!!!!!!!!!

It is TU. On the simm Eq uses it. So it's kind of  weird.
Eq WAS 500+ three years ago NOW IM 683 and Trans WAS ALSO 500+ NOW IM SITTING AT 710
700 You better be on the LOOK OUT(OOPS GUESS THEY WEREN'T LOOKING CAUSE I ALREADY MADE IT YAAAAYYYYYYYY)

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+