cancel
Showing results for
Did you mean:

## Losing points at 5% utilization???

Frequent Contributor

## Losing points at 5% utilization???

Heyyy ficoers, last month I had just two cards report a balanace of I believe 137.00 was the total on one and 383 on the other (taking advantage of 0%APR intro) So last month my total utilization was 4%. I paid off the 137.00 balance and I was waiting for some pending charges to hit for my chase card but they were taking foreverrrr, next time I will be smarter and stop using a card a week before the statement cuts. I was eyeballing my chase account waiting for my \$0 balance to show the pending charges a couple days before the statement cut and then it finally showed up ON THE STATEMENT DATE, blah!!! So a balance of 141.00 just reported and I went from 4% utilization to 5% and lost 2 points, Not a lot I know, but do the math with me, last month card A reported \$137.00 this month it reported \$0 card B just reported a balance of \$141.00 after being reported as a \$0 balance last month.

Correct me if my math is wrong, but that's a difference of \$4.00 louzy dollars/4 Dólares/4 buckaroos/4 greenbacks!!!!!! How can a difference of \$4.00 cause your score to go down 2 points and up in utilation percentage?

I'll be learning this fico formula for a long time, just when you think you understand, haha.

Current: TU 772 EQ 765 EX 760 (GE credit pull)
Goal 800+
WHAT'S IN MY WALLET: American Express Blue Cash Preferred 29,500/ Citi Simplicity 16,600 / Discover IT 16,500/ Chase freedom 4,800/ Care credit 10,000/ R us MasterCard 7,500/ kohls 2,500/ LensCrafters 2,400 / Citi Double Cash 13,200/ Amazon Visa 7,000
Message 1 of 6
5 REPLIES
Valued Contributor

## Re: Losing points at 5% utilization???

Nothing out of the norm here as far as util% impacting FICO scores.

Lots of people have this happen to them.  I've had it happen to me.

Some see optimal points at 9% reporting, while others see it at 1%.

5/2012: 560 credit scores across the board
12/2014 750+
3/2017 780+
5/2017 800+
Message 2 of 6
Frequent Contributor

## Re: Losing points at 5% utilization???

I just hate seeing the downward red arrow on my credit score history it's Psychologal.

Current: TU 772 EQ 765 EX 760 (GE credit pull)
Goal 800+
WHAT'S IN MY WALLET: American Express Blue Cash Preferred 29,500/ Citi Simplicity 16,600 / Discover IT 16,500/ Chase freedom 4,800/ Care credit 10,000/ R us MasterCard 7,500/ kohls 2,500/ LensCrafters 2,400 / Citi Double Cash 13,200/ Amazon Visa 7,000
Message 3 of 6
Senior Contributor

## Re: Losing points at 5% utilization???

Just mess with the big picture even more, I had a reporting balance of about 23.4k on my cc, and I received the message --- that to up my credit score, I REALLY needed to charge on my cc's and let the balance report.  My credit score (real, not faked) -- 790.   Like 23.4k isn't enough??

The message I received when I checked my score.

"There are no recent balances on your revolving credit accounts.

Your credit report shows no recent balances on your revolving accounts. Your FICO score was hurt because you are not currently demonstrating active revolving credit management.

Actions you can take: You might consider moderate and responsible use of your credit cards (such as charging low balances and repaying them on time)."

You just never know what the magic number is for people.  My suggestion is to keep watching YOUR numbers and find that magic zone.

Message 4 of 6
Established Contributor

## Re: Losing points at 5% utilization???

The FICO Gods are a funny bunch of squirrels.

TU713, EQ 731 , EX 726 (As of 12/13/14) - Personal Goal = 760

“Beware of little expenses. A small leak will sink a great ship” – Benjamin Franklin

Gardening since 3-26-15

Message 5 of 6
New Member

## Re: Losing points at 5% utilization???

doubt a lender will change a decision for a point or two

once your AAoA takes you across 760, you should be in great shape

Message 6 of 6