Understanding FICO® Scoring

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llecs
Posts: 31,430
Registered: ‎08-04-2007

Re: From 117% utilization to 1%...My scores' increase

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‎10-13-2012 06:13 AM

Objectivist wrote:

UPDATE: My score went from 657 to 736. From 117% to 1% in a month.

I'm sorry I was off by 40 points. :smileysad:

 

But wrong in your favor. Congrats!!  :smileyvery-happy:

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Shogun
Posts: 7,368
Registered: ‎04-15-2011

Re: From 117% utilization to 1%...My scores' increase

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‎10-13-2012 08:56 AM

I think that's a good indicator of how much util affects your score.  Congrats!!!

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
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Starsandbucks
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Starsandbucks
Posts: 3
Registered: ‎10-14-2012

Re: From 117% utilization to 1%...My scores' increase

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‎10-14-2012 08:07 PM

This is amazing! I just paid off my biggest credit card two days ago in one fell swoop and I can't wait to see how much my score goes up. After that I'm going to pay my lower balance cards down to zero in the next month or so. Your post has me so excited and hopeful. My util was about 95%. 

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Epcot
Posts: 2,592
Registered: ‎10-10-2012

Re: From 117% utilization to 1%...My scores' increase

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‎10-14-2012 08:10 PM

Welcome Starsandbucks, Congrats on paying your biggest balance. That's gotta feel great!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 777 EX 767 TU 771
App free since 4/11/12
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Settemio
Posts: 135
Registered: ‎01-08-2011

Re: From 117% utilization to 1%...My scores' increase

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‎10-15-2012 10:42 AM

Yes, Util has a big impact on Score. I was at 85% in Jan, I am at 25% now and my scores went up 53 pts.

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