Who has an idea?

[fused]

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@Rlandon87 wrote:

Awesome, I hope you're right and it seems I should... in January I had scores close to 690/700 ' s  only difference is these card balances, a few inquries, and the 4 new accounts. 

And those things WILL happen FOR SURE,  the payments have already been scheduled/made... just waiting on them to clear and report. I will post the results as they update.

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I came up with my guess for a couple of reasons. First, your FICO 04 scores are quite a bit lower than your FICO 08 scores. Second, I don't think the collection and a few lates are keeping your scores down by themselves. I think the "maxed-out" CC's are playing a big role in your scores being low. We shall see! Good luck!

[Rlandon87]

Thanks,  we'll know in a week or two. 

[Rlandon87]

out

First update.... 8 point bump on EQ SW when shell card reported 0$ from 11$.

So having many accounts reporting a balance obviously puts the hurt on your score... I'm very confident I'll get AT LEAST 22 more points based on everything else reporting 

[fused]

That's really encouraging. Just remember the SW Score is a FICO 08 score and not a FICO 04 Score. Also keep in mind the FICO 08 scores are supposed to be a bit more sensitive to high utilization. Again, something that's in your favor.

[Rlandon87]

So my 04 score would theoretically move the same, or more, or less...

[bdhu2001]

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@Rlandon87 wrote:

So my 04 score would theoretically move the same, or more, or less...

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It'll move in the same direction, but not necessarily by the same amount.  From my own situation, I would say you'll see a 30 pt increase in your 04 score. However, you may not get it with every CBA.

[fused]

Your 04 and 08 scores will be heading north. How much is still unknown. I'm just really curious to see how much your 6 to 7 maxed-out cards are affecting your scores.

[Rlandon87]

How long does it take for GECRB to report AU accounts

[Rlandon87]

Here is a good data point for anyone wondering... my Kay card hasn't been used once since I opened it 11 months ago. I was scared it would close before getting a mortgage and mess up my utilization. So I charged a $20 ring to show some usage.... it reported today and I received a 25 point increase on experian from MYFICO new 3 score monitoring. This further proves the idea that an inactive account isn't fully figured into your score.... I am POSITIVE that this is the only change on the account since yesterday.

[fused]

It's nice to get 25 points for waking up a dormant CC. I have lost as many as 7 points for a CC going inactive. I just wish you could track all of your FICO 04 scores.