Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
Scorewatch update

Your FICO score may have gone up because the following 4 factors are not hurting your FICO score as much as before:

  • You have too many credit accounts with balances.
  • You have too many credit accounts with balances.
  • You have too many credit accounts with balances.
  • You have too many credit accounts with balances.

Very convincing scorewatch. 

 

Also

 

Changes to your credit report 

Your FICO® score went up on a day when there were no credit alerts on your Equifax Credit Report™. This can happen if:
  • The balances on one or more of your credit accounts decreased. In general, less debt is better for your score.
  • The credit limit on one or more of your credit accounts increased. Larger credit limits tend to help your FICO® scores if your balances remain the same.
  • Negative information on your credit report, such as a bankruptcy, collection, or record of a late payment, was removed because it was more than 7 years old (or 10 years old in the case of a bankruptcy).
  • Negative information on your credit report is not harming your FICO® score as much as before because it is now older. Past negative credit behavior, like missing payments or defaulting on loans, are offset over time by more recent history of credit responsibility.

Ive never had ANY negative anything on my reports 

my credit history is only two years long. 

 

Granted might be that most of my accounts are past the 6 month mark (new account ding?) but thats about it. 

 

Obviously ive used my cards for rewards during the holiday season. 

should be back to normal by end of feb. 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
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