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Regular Contributor
gypsysoul
Posts: 157
Registered: ‎09-02-2011
0

UTL down and FAKO up

finally got an updated score today on CK with an increase of 12 points on the transrisk and 38 on the vantage!!. only FAKOs I know, but I consider it practice for when I pull a new FICO score. They are still showing that one of my balances is higher than it is, so more jumps to come when that card reports!! So I am practicing my happy dance for the real thing.  If you do this right, it just keeps getting better!!!!!!!:catlol:

3/07/12 EQ 600 10/02/12 EQ 688
08/13/12 TU(walmart) 653
09/12/12 EX(plus) 655
Super Contributor
marty56
Posts: 5,679
Registered: ‎10-06-2007
0

Re: UTL down and FAKO up

Be careful. A change in your FAKO scores doesn't mean your will have a change in your FICO score.  Even the change direction could be oposite.

09/12/2013 FICO: EQ: 772 EX:813 TU:752
Frequent Contributor
Lois5669
Posts: 342
Registered: ‎02-10-2012
0

Re: UTL down and FAKO up

While it is true the FAKO doesn't always reflect FICO, if you got your util down, your FICO will go up if it changes. So, keep practicing that dance :smileyhappy:


Starting Score: EQ = 550; TU = 491(2/10/12)
Current Score: EQ = 669; TU = 674(6/20/14)
Goal Score: 700+


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Valued Contributor
jamesdwi
Posts: 1,815
Registered: ‎09-16-2011
0

Re: UTL down and FAKO up

FAKO's favorable UTL percentage  is easier to get than FICO, accordning to Credit Karma FAKO UTL of less than 20% is an "A" in there book where myfico says FICO likes 9% or less, My FAKO score increased slowly as my UTL went from 19% to 13% my  FICO score stayed the same during the same time period, I am not expecting a big leap in my FICO score untill I am finally reporting 9% UTL and I may not even get it then since I will have balances on 2-3 cards at the time that happens. 

 

 


Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Zync NPSL, Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.

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