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Regular Contributor
audia4
Posts: 529
Registered: ‎11-08-2012

Walmart Discover TU updated for this month

I just pulled my TU credit to see how my score is doing now that I have the new Walmart Discover card and the score is exactly the same as it was last month and the month before???  Why would it not increase at all?  I used it when I first got it (last month) and PIF when I received the statement. Since getting the card it of course increased ?ratio? (not sure the terminology for this) but not even 1 or 2 lousy points in the last 2 months for this? :smileysad:  I was hoping to see some type of increase. Is this normal?

TU: 804 EQ: 810 EX 785


**** $7300*** *** $000 **** ***$10,000*** ****$9000*********$9500********$10,000********$4500*******$6000*******$8000****



Established Contributor
BrokaToe
Posts: 726
Registered: ‎05-12-2012

Re: Walmart Discover TU updated for this month

I would say it's very normal, of course the score is calculated by using information from all your accounts, not just walmart. If your balances are staying around the same amount and nothing much has changed, then a stale score is quite common.  I've had mine stay the same for up to six months at a time before. :smileyhappy:


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Regular Contributor
audia4
Posts: 529
Registered: ‎11-08-2012

Re: Walmart Discover TU updated for this month

All of the other accounts are the same. Everything is paid in full and the same as it has been for over a year, I only have the 2 credit cards and my student loan (not paying on yet because I'm still a student). I just expected to see an increase of something since the new Discover card. That is the change, which I thought would make my score go up by adding another cc and making my CL total overall be higher.

TU: 804 EQ: 810 EX 785


**** $7300*** *** $000 **** ***$10,000*** ****$9000*********$9500********$10,000********$4500*******$6000*******$8000****



Valued Contributor
madmann26
Posts: 1,402
Registered: ‎08-30-2012

Re: Walmart Discover TU updated for this month

Start letting a balance report. Up to 9% of your limit should report for best scoring.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $1.5k; NFCU Cash Rewards $22K; AMEX BCE $6k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k
Goal Score: 700 across the board.
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Moderator
Revelate
Posts: 8,516
Registered: ‎12-30-2011

Re: Walmart Discover TU updated for this month

It's not uncommon once you've gotten to steady state on your reports for one's FICO to stay mostly the same.  My EQ score was 646 for several months in a row recently as an example, and that's only going to get worse as my credit report becomes more established.

 

With the algorithm's implementation (diminishing returns everywhere!) it becomes harder to continue increasing your score, and as a result it'll appear to flatline more often.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 679, EQ 8 708, TU 711, EX 702* (07/14/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Regular Contributor
audia4
Posts: 529
Registered: ‎11-08-2012

Re: Walmart Discover TU updated for this month

A little upset that the 3rd month in a row and no change yet after adding another $800 cc. :smileyfrustrated:

TU: 804 EQ: 810 EX 785


**** $7300*** *** $000 **** ***$10,000*** ****$9000*********$9500********$10,000********$4500*******$6000*******$8000****



New Contributor
jbrickbm
Posts: 62
Registered: ‎04-09-2013

Re: Walmart Discover TU updated for this month

Waiting for your creditscore to go up is like watching grass grow....... I think I need to find a new hobby other than staring at this message board sometimes.

EQ MyFico : 738- 05/28/13TU Walmart: 680- 06/13TU CreditKarma 713- 06/13EX CreditSesame 706- 06/13
Discover IT$3,000, CapitalOne-Rewards$1400, CapitalOne-Rewards2$1000 , BestBuy$600, Orchard Bank$300, Walmart$150

Regular Contributor
audia4
Posts: 529
Registered: ‎11-08-2012

Re: Walmart Discover TU updated for this month


jbrickbm wrote:

Waiting for your creditscore to go up is like watching grass grow....... I think I need to find a new hobby other than staring at this message board sometimes.


 

LOL, I think I would get better results watching my grass grow!!  :smileysurprised:

TU: 804 EQ: 810 EX 785


**** $7300*** *** $000 **** ***$10,000*** ****$9000*********$9500********$10,000********$4500*******$6000*******$8000****



Regular Contributor
audia4
Posts: 529
Registered: ‎11-08-2012

Re: Walmart Discover TU updated for this month

FINALLY....4 months later and my score finally moved. I gained 10 points this month after being stuck. Woo Hoo. :smileyvery-happy:

TU: 804 EQ: 810 EX 785


**** $7300*** *** $000 **** ***$10,000*** ****$9000*********$9500********$10,000********$4500*******$6000*******$8000****



Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013

Re: Walmart Discover TU updated for this month

Grats! My score increases about a point a month, so I know how you feel

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