I am looking at my scores from my fico scorewatch product. The last alert I got was well before this account was either paid or the limit was reporting increased. I know it has since reported because, I received a hard copy of my report in response to a dispute. When this reported it took my overall util from 30 to 10% with the combination of paying off the card and the credit limit increase.
The last time this happened I called someone in customer service and they said that the limit increase and the pay down would offset each other resulting in a sum zero gain. This makes no sense at all to me since the avail credit and credit limit both increased across the board. There is never a delay I found when you run it up. Over Christmas my utilization was high for me, about 40%, each time a blance increased I got an alert within 24 hrs of reporting of a balance increase and a subsequest score drop. Each time a move happens in the opposite direction, I never hear a peep.
s thre a delay between what the bureau gets and the actual update from the scorewatch product.
Message Edited by Brammy on
03-15-2007 07:04 PM