Understanding FICO® Scoring

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Regular Contributor
aot2002
Posts: 199
Registered: ‎03-11-2009

Re: Dropped Util from 74% to 36% what should I expect to see

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‎03-25-2011 06:19 PM

If you consider it high then what would be a good point of when I should see a dramatic difference in my score?

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BundiFan
Posts: 65
Registered: ‎04-15-2008

Re: Dropped Util from 74% to 36% what should I expect to see

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‎03-25-2011 06:45 PM

2% to 9% util is the sweet spot for revolving credit

Starting Score: 625
Current Score: 761
Goal Score: 750

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Valued Contributor
casinoannie97
Posts: 1,989
Registered: ‎08-17-2007

Re: Dropped Util from 74% to 36% what should I expect to see

[ Edited ]
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‎03-27-2011 11:00 AM - edited ‎03-30-2011 10:21 AM

I have been as high as 22% and not seen

any change which surprised me.

But last time I went from 3 to 6% I lost 5 points

 

From one of our best moderators years ago:

UNDERSTANDING  FICO SCORING is an

oxymoron!!!!!

 

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