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Tell me if this Makes sense

Contributor

Tell me if this Makes sense

So one of my cc went from 4% to 11% utilization rate by forgetting to pay the extra amount. My score went down 2 points.......which I understand since under 9% is the best.....

But.....I paid it back down to 4%, and my score only went up 1 point...what happened to the other point? It's right back where it was before......

Please any help would help....lol
Message 1 of 4
3 REPLIES
Established Contributor

Re: Tell me if this Makes sense

1 point is such a tiny amount. It barely even counts as noise.

 

There was probably another factor involved.

Message 2 of 4
Contributor

Re: Tell me if this Makes sense

No no other factor...so u basically don't know.

...and I need the one point. I'm just 5 points off of getting a mortgage
Message 3 of 4
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Community Leader
Senior Contributor

Re: Tell me if this Makes sense

Typical score climb. 2 steps forward 1 step back.  Credit scores are roller coasters. If you micro manage them , they will drive you insane.

 

I only record scores every month to avoid those little fluctuations (Fico noise), and they still bounce around quit a bit.

 

edit: added fresh chart

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Message 4 of 4