04-07-2008 12:03 AM
04-07-2008 04:02 AM - edited 04-12-2008 10:03 AM
Ok I'll Bite.EQ: 760TU: 745 (Was 761 yesterday, 4/5/08. Mistakenly listed my HELOC as Revolving. I am sure it was a fluke because it has never done that before. I am sure next time I check it it will be fine.)EX: 737 (Lists my HELOC as revolving as well. Has always done this. I disputed the info w/ them so we will see if they update.)
04-07-2008 08:25 AM
04-12-2008 04:51 AM
04-12-2008 06:40 AM - edited 04-12-2008 06:42 AM
04-12-2008 09:54 AM
Gah! --DH's EX hit 800. (The other two have a bogus medical collection. Now that the insurance company has paid, they should soon be history. They are merely 724 and 714.)
I'm so happy for him! I really, really am! Question: can the sound of grinding teeth carry across the internet?
04-12-2008 10:01 AM - edited 04-12-2008 10:05 AM
04-12-2008 03:00 PM
I believe EQ does in fact have the highest cut-off, I believe it's higher than 50K, maybe 60K+.
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?
04-15-2008 07:02 AM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO