Understanding FICO® Scoring

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Regular Contributor
SGT_F
Posts: 131
Registered: ‎05-06-2007

What would a positive ending Bal do to score?

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‎07-01-2007 05:14 PM

Maybe I got a new one for you all...what if a person have a +$25 bal credit reported to the Big 3... on a $300 CL card? What would happen to the score...I guess thread 101 would say its like not using it...such as $0 bal. I had this funny thing where i bought gas on 6/13 and the store still haven't posted. I never had one to take this long.
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Established Contributor
dog
Posts: 560
Registered: ‎05-03-2007

Re: What would a positive ending Bal do to score?

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‎07-01-2007 05:53 PM

i would imagine that the effect would be just what you suspected...the same as $0 balance.
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Timothy
Posts: 9,252
Registered: ‎03-19-2007

Re: What would a positive ending Bal do to score?

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‎07-01-2007 07:36 PM

I had an overpaid account with a positive balace- they reported it a zero.
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Senior Contributor
ilovepizza
Posts: 3,071
Registered: ‎05-17-2007

Re: What would a positive ending Bal do to score?

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‎07-01-2007 09:20 PM

Unsecured card reported as $0.
Secured don't know.
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
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