topic Re: Credit Utilization authorized user counted by experian in Understanding FICO® Scoring

Credit Utilization authorized user counted by experian

tjmolly — Tue, 15 Nov 2016 19:58:42 GMT

Just got a credit score update through MyFICO monitoring and Experian droppped my score 4 pts tied to an increased utilization of a Chase CC that I am an AU on. I thought AU accounts weren't factored by FICO.

Re: Credit Utilization authorized user counted by experian

Scupra — Tue, 15 Nov 2016 20:01:09 GMT

AU account utilization absolutely factors in

Re: Credit Utilization authorized user counted by experian

Revelate — Wed, 16 Nov 2016 13:16:37 GMT

@tjmolly wrote:
Just got a credit score update through MyFICO monitoring and Experian droppped my score 4 pts tied to an increased utilization of a Chase CC that I am an AU on. I thought AU accounts weren't factored by FICO.

They're factored unless you fall afoul of the anti-abuse algorithm for FICO 8.

There's been some things posted lately because of the way the MF interface of all things presents it suggesting they don't count at all (sigh), but they can count in FICO 8 at any rate but it's always hard to get people to actually check whether they do or not (let everything else besides the AU report $0 and see if you take the known drop). FICO 9 not sure yet.

Part of the problem is the anti-abuse algorithm isn't nearly as well characterized as some other things for us when it comes to FICO.

Re: Credit Utilization authorized user counted by experian

805orbust — Wed, 16 Nov 2016 20:54:34 GMT

Yep. I found this out several weeks ago when DW had a drop due to me allowing one card to report with high util... she'd been a naughty girl that month tho :-)