Re: Why did my equifax score drop 12 points
01-10-2012 10:00 PM
It's also worth noting that the ding for all-zero CC balances is a particular specialty at Equifax. I did a series of tests a couple of years ago of what the impact was, for both EQ and TU like your comparison. I found my EQ FICO score went down by 4 points and TU FICO went up by 6, for all zero balances, compared to my usual situation maintaining a $10 balance on one card account. I went through several cycles and found this pattern to be absolutely repeatable. YMMV, of course.
Starting Score: EQ 804 - (April 2009)
Upgraded thanks to FICO Forums: EQ 813 / EX 842 / TU 823 - (FICO scores from mortgage lenders, June 2010)
Recent Scores: EQ 807 / TU 799 - (March 2012)
Goal: Survive Another Day
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