score drop on score watch from zync reporting balance?

creditnocash · ‎07-23-2012

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: EQ FICO 675, TU FICO 692, Walmart TU 730 EX FICO 726 Amex Pull(1/1/13)
Starting total revolving credit: $2600 | Current total revolving credit: $21,600
Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012

2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000

YahComb · ‎03-10-2012

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.

creditnocash · ‎07-23-2012

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: EQ FICO 675, TU FICO 692, Walmart TU 730 EX FICO 726 Amex Pull(1/1/13)
Starting total revolving credit: $2600 | Current total revolving credit: $21,600
Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012

2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000

Understanding FICO® Scoring

score drop on score watch from zync reporting balance?

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