HiLine wrote:Utilization is a memory-less property
Util is a memory less property. Unfortunately, paying off all you cards in advance to CRA reporting so they report zero balance isn't memoryless or the following reason for FICO score drops wouldn't be given:
There are no recent balances on your revolving credit accounts.
Who knows what other aspects of historical balances or trends impact FICO scores. FICO sure doesn't say. FICO would be remiss if they didn't use the info. There is a difference between someone trending upward in UTIL v trending downward even if both are currently at 50%
I have reestablished credit over the last couple years