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Overall vs. Indiv %Util

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fused
Moderator Emeritus

Re: Overall vs. Indiv %Util

You are getting this because of the % of your available credit being used, not the actual $$ amount. There have been posters with scores near 800 (high achievers) receiving the same message about non-mortgage balances.
Message 41 of 43
Anonymous
Not applicable

Re: Overall vs. Indiv %Util

Yes- I had this until I started making principal payments towards my SL's - 
 
It has nothing to do with actual $ amounts-  

fused wrote:
You are getting this because of the % of your available credit being used, not the actual $$ amount. There have been posters with scores near 800 (high achievers) receiving the same message about non-mortgage balances.



Message 42 of 43
RobertEG
Legendary Contributor

Re: Overall vs. Indiv %Util

I respect the learned opinions from the FICO scholors on here, but until Professor FairIsaac offers a definitive pronouncement on the affect of balances on scoring, we are all just making yellow patterns in the snow.
Message 43 of 43
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