I assumed it would go up a few pts. I let the $75 report on my BOA but paid in full before the due date. Now down 2 pts?
Also, I was an AU on a CapOne card, and when the balance (that was being carried) was paid off, score increased 20 pts.
I'm going to let a balance report on my CapOne that I have by myself next month. Should I see a few pt increase? It seems EQ wants to see regular balances reporting. As I mentioned in another thread, they seem to be very sensitive to report changes.
Also, FICO says this this was the specific reason for the score drop. I'd hate to see a score with no balances reporting on any type of account. 
@Steelersboy wrote:I assumed it would go up a few pts. I let the $75 report on my BOA but paid in full before the due date. Now down 2 pts?
Also, I was an AU on a CapOne card, and when the balance (that was being carried) was paid off, score increased 20 pts.
I'm going to let a balance report on my CapOne that I have by myself next month. Should I see a few pt increase? It seems EQ wants to see regular balances reporting. As I mentioned in another thread, they seem to be very sensitive to report changes.
I got similar little dings on equifax fico score from paying off my cap one and amex cards earlier in the month, it said something about was making heavy use of revolving debt or something to that effect.
@mongstradamus wrote:
@Steelersboy wrote:I assumed it would go up a few pts. I let the $75 report on my BOA but paid in full before the due date. Now down 2 pts?
Also, I was an AU on a CapOne card, and when the balance (that was being carried) was paid off, score increased 20 pts.
I'm going to let a balance report on my CapOne that I have by myself next month. Should I see a few pt increase? It seems EQ wants to see regular balances reporting. As I mentioned in another thread, they seem to be very sensitive to report changes.
I got similar little dings on equifax fico score from paying off my cap one and amex cards earlier in the month, it said something about was making heavy use of revolving debt or something to that effect.
mine didnt even give any other reason, TU and EX arent as sensitive.
funny thing is that i have student loans and a car note reporting, so i have accounts with balances, but it seems revolving debt is critical with eq, so i guess I'll just keep a balance reporting on one card.