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I spoke with a MyFico representative today. They had to do some research and it seems you guys were correct. They mode the Transunion FICO is based on, on MyFico.com does include Amex (Charge Cards) in utilization. It includes the current balance reported, NOT the highest balance ever reported.
@fairclok wrote:I spoke with a MyFico representative today. They had to do some research and it seems you guys were correct. They mode the Transunion FICO is based on, on MyFico.com does include Amex (Charge Cards) in utilization. It includes the current balance reported, NOT the highest balance ever reported.
Did they mention what it counts for the CL? What the others are saying is that the highest reported balance (For example let's say 3,300 was highest for you) and the current balance reflects against that as UTIL.
This hurts me in certain scoring models because my AMEX reports around $1000 every single month, so in certain scoring models it reports as maxed out.
| Chase Freedom $9500 DCU Visa $10000 Capital One QS $2000 AMEX BCE $3000 | Lowe's CC $8500 WalMart CC $3100 BOA Platinum $600 AMEX Gold NPSL |