Valued Contributor
tcbofade
Posts: 2,448
Registered: ‎09-26-2011
Re: Fico max out CC %

RobertEG wrote:

 

The FICO impact will "go away" once the util is paid down, as % util of CL is not based on prior util levels.


That being said, it brings to mind another question...

 

If SOMEONE (no names, please... :smileytongue:) were carrying significantly more than 90% util on quite a few cards, then paid them down so that NO account reported over 90%, one would expect a measurable increase in FICO score once the new information reported, right?

 

How measurable?

 

Just wondering.

 

For a friend.

 

Yep.


Current Scores: EX 694 (FCR) TU08: 641 Wally.11/27/14
Last app 05/29/2014.
Being held hostage in the garden until further notice...
Zero percent financing is where the devil lives...