topic Re: myfico and amex??? in Credit Cards

myfico and amex???

afbar1114 — Mon, 27 Feb 2012 22:11:53 GMT

does the score we get on myfico put amex into UTL? the reason why i am asking is because when my amex reported...SW said because i added to my overall UTL

Re: myfico and amex???

Walt_K — Mon, 27 Feb 2012 22:14:59 GMT

I thought that the TU score did, but the EQ score did not. But you are referring to Score Watch, which is the EQ score. No changes to other accounts?

Re: myfico and amex???

crunching_numbers — Mon, 27 Feb 2012 22:16:39 GMT

Depends on which Amex (credit or charge). For Amex charges, TU puts it in total credit, but not in UTIL%. For Amex credit, it does go in Util.

Re: myfico and amex???

afbar1114 — Mon, 27 Feb 2012 22:21:53 GMT

no changes at all ill see what happens when i pay it. when i pulled my report it said zync was a credit card not charge

Re: myfico and amex???

pizzadude — Mon, 27 Feb 2012 22:25:02 GMT

@afbar1114 wrote:
no changes at all ill see what happens when i pay it. when i pulled my report it said zync was a credit card not charge

Only the TU98 version of FICO includes the balance in utlization. Perhaps EQ counts it as a card with a balance even though it doesn't include the balance.

Re: myfico and amex???

LS2982 — Tue, 28 Feb 2012 01:56:54 GMT

@pizzadude wrote:
@afbar1114 wrote:
no changes at all ill see what happens when i pay it. when i pulled my report it said zync was a credit card not charge

Only the TU98 version of FICO includes the balance in utlization. Perhaps EQ counts it as a card with a balance even though it doesn't include the balance.