Posts: 84
Registered: ‎03-11-2011
Re: Real World Example of Util/TL/Baddie v/s Score

Almost a 50pt gain in one month:


Aug 1: Util   80%    EQ MyFICO   646

Sep 1: Util   20%    EQ MyFICO   694


The only other changes - addition of some inquiries, one new account with a 300 limit, and a drop of about 800 in installment debt - still over 30,000, so I don't think that made much difference. 

I paid multiple accounts off at the beginning of August., so there's been a huge drop in utilization and multiple accounts now have zero balances - where they will stay for the forseeable future.

Starting Score: 534 11/09
Current Score: FICO 652 05/11
Goal Score: 700+

Take the FICO Fitness Challenge