04-03-2008 06:14 PM
04-04-2008 01:10 PM
04-06-2008 08:26 PM - edited 04-06-2008 08:49 PM
04-06-2008 08:45 PM
04-06-2008 09:06 PM
psychic wrote:fused--You have wonderful balance in your trade lines and varied card issuers. When the Discover Motiva card starts reporting as a 50K credit line, you must let us know how it reports (i.e., revolving, installment, etc.) and is considered in utilization calculations.
04-06-2008 09:08 PM
fused: it seems that your credit profile is better than mine in every respect, yet your scores are lower. I wonder why.
fused wrote:Here are a couple of High Achiever credit files. Interesting, it's my credit history length, average-age of accounts and inqs that have set me back quite a bit with EX. With the first two, there's not much I can do.FICO Scores:EQ: 777EX: 734TU: 792
04-06-2008 09:19 PM
Each CRA is different. I have a $33,300 revolving CL that is not included my TransUnion (and I suspect) Experian utilization calculations. However, this CL is included in my Equifax utilization calculations. We've always been a little "fuzzy" about these cut-off points. I'm just trying to determine each CRA's behavior when it comes to high credit lines.
fused--You have wonderful balance in your trade lines and varied card issuers. When the Discover Motiva card starts reporting as a 50K credit line, you must let us know how it reports (i.e., revolving, installment, etc.) and is considered in utilization calculations.
psychic: I am curious as to why would the Motiva report as "installment". Is there something special about the 50K level?
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.