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Valued Contributor
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

score drop on score watch from zync reporting balance?

i mean it is what it is but i figured that charge cards dont have util effect? 

im gardening but just surprised. 

 

anyone else have this happen too? 

 

 

p.s. i have the hard hold 500 limit zync. 

 

and since its a new month all my cards are 1 month older i guess. 

last inq's 8-30-12

Current: Discover Fico 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Established Contributor
YahComb
Posts: 595
Registered: ‎03-10-2012
0

i beRe: score drop on score watch from zync reporting balance?

[ Edited ]

while charge cards dont count in utilization in fico 04 and 08, i believe they can till be counted as a balance carrying account. Since the number of balance carrying accounts increased for you, the score went down.

EQ-736(08/14) TU-758(06/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 7.5K | Disc It 9K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yr AAOA: 25.8 mo
Valued Contributor
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

Re: i beRe: score drop on score watch from zync reporting balance?

well thats a shame then. might as well only let zync report then. 

 

its dumb to say it doesnt effect your util but still effects util. 

 

i mean its only 2 points but still. 

actually when i had 1 card report my score went up 

2 no change 

and 3(including zync) -2. 

all with around 900 balance reported.  370/450/167 

next month will only let 1 report to be golden for amex in jan. 

 

Current: Discover Fico 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000

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