The same just happened with my HSBC and lost 16 points, or something like that. This has happened once before if I remember and I lost around 25 then.
fused wrote:Consider yourself VERY fortunate. For some, having a single revolving account reporting an OTL balance can have same the reslut as a serious derog hitting your reports. It's possible to lose well over 60 or 80 points when an OTL account reports.
fishbjc wrote:I believe so....I went otl by just $50, it reported and I was hit with approx. 10 pts.