New Contributor
fico64
Posts: 61
Registered: ‎09-19-2010
Re: Fico Score did not improve after 7 month credit card activity

What I I learned: the credit card account with the comment in place caused the scoring to egnore the account completely, as though it was not there. 

 

Once the comment went away, scoring "saw" an account with a $13,000.00 credit limit and zero balance. This credit was now in Fico's scoring equason and bumped me up 12 points.

 

I have a difficult time with a non human machine telling me on the one hand  that I have great credit history and rates it as a positive factor, then 35 days later, without impunity changes it's mind and downgrades me and penalzes me on paper as a negative.  Yes, some mathematical alogrithim gone wild!