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Balance on an account has increased by 100% or $19 costs me 4 points.

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Girac
Regular Contributor

Balance on an account has increased by 100% or $19 costs me 4 points.

 Thats nothing, the balance on an account has decreased by $429 and a CLI results in no point gain.

Last month got the 3x Amex CLI. I guess my utilization is low to begin with.

 

 

Go figure.

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NRB525
Super Contributor

Re: Balance on an account has increased by 100% or $19 costs me 4 points.


@Girac wrote:

 Thats nothing, the balance on an account has decreased by $429 and a CLI results in no point gain.

Last month got the 3x Amex CLI. I guess my utilization is low to begin with.

 

 

Go figure.


Where are the scores from? Which bureau has the 4 point change?

What are your scores now?

 

If you are in a range where the balance changes and CLI changes are not significant, the score may not change with each update. If you added a card reporting that was zero before, I see a 2 to 4 point change on TU almost every time a card goes to or from zero balance in my mix.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
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