Reply
Regular Contributor
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
Posts: 28,098
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
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
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
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
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
Posts: 4,923
Registered: ‎04-19-2009
0

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

I got exactly the same thing.

Moderator Emerita
Posts: 28,098
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
Highlighted
Regular Contributor
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)
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

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.