topic Re: CC Utilization in Credit Cards

CC Utilization

Anonymous — Mon, 07 Jun 2010 19:00:25 GMT

I know it can depend on whats in your credit report and various factors, but does anyone know or has anyone experienced how much of a point jump on your score will you get as your percent utilization goes down? Any peoples experiences are welcome

Re: CC Utilization

Anonymous — Tue, 08 Jun 2010 02:58:29 GMT

No but EX-3 percent of REV EQ-1 percent and TU-5% WEIRD idk? maybe someone else can offfer why>?

Re: CC Utilization

MarineVietVet — Tue, 08 Jun 2010 03:17:34 GMT

@Anonymous wrote:
No but EX-3 percent of REV EQ-1 percent and TU-5% WEIRD idk? maybe someone else can offfer why>?

I might attempt to offer a why if I could read your post.

Could you explain what you mean please?

From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772

You can do the same thing with hard work

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Re: CC Utilization

Anonymous — Tue, 08 Jun 2010 03:26:49 GMT

My scores are always consistent with EX AND EQ but TU has me at 5% cards that were opened last year that are still not reporting to them, and my Score is constantly Fluctuanting with them....i dont know why? BTW in my other post on a soft pull Barclays did on my recon they coded it as DTC what is that? Thanks Vet

Re: CC Utilization

MarineVietVet — Tue, 08 Jun 2010 03:38:53 GMT

@Anonymous wrote:
My scores are always consistent with EX AND EQ but TU has me at 5% cards that were opened last year that are still not reporting to them, and my Score is constantly Fluctuanting with them....i dont know why? BTW in my other post on a soft pull Barclays did on my recon they coded it as DTC what is that? Thanks Vet

I believe you answered your own question. Not all your cards are reporting to every CRA therefore the balances, credit limits, and utilization will be different on each.

But I could be wrong about that.