topic Re: Accounts not reported included in utilization? in Understanding FICO® Scoring

Accounts not reported included in utilization?

emily15 — Tue, 07 Feb 2017 21:32:37 GMT

Hi,

I have some cards I have not used in over a year and it looks like they are not reporting, my question is if these limits are still included in overall utilization or not?
T.I.A!

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 21:51:46 GMT

If they are no longer reporting to the bureaus, they will not help in utilization. If they are reporting, and are still open, they should be included. Finally, if they are still reporting on the bureaus but are closed, then they will no longer help in the utilization.

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 21:58:21 GMT

@emily15 wrote:
Hi,

I have some cards I have not used in over a year and it looks like they are not reporting, my question is if these limits are still included in overall utilization or not?
T.I.A!

I'd like to add if they are open and you would like for them to report, file a dispute for those accounts that they are not reporting or reporting correctly...just my 2 cents..good luck!!

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 22:20:36 GMT

@Anonymous wrote:
@emily15 wrote:
Hi,

I have some cards I have not used in over a year and it looks like they are not reporting, my question is if these limits are still included in overall utilization or not?
T.I.A!
I'd like to add if they are open and you would like for them to report, file a dispute for those accounts that they are not reporting or reporting correctly...just my 2 cents..good luck!!

What is the basis of the dispute? Maybe if the OP does that it will agitate the creditor into closing the accounts by grantor for non use. Why poke the bear?

OP, charge a few dollars every couple of months on the card(s) and they will start reporting.

A creditor does not have to report. They only have to report accuracy. If the OP isn't using the card, what should they report?

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 22:18:58 GMT

@emily15 wrote:
Hi,

I have some cards I have not used in over a year and it looks like they are not reporting, my question is if these limits are still included in overall utilization or not?
T.I.A!

The answer is YES if they are open accounts.

Re: Accounts not reported included in utilization?

emily15 — Tue, 07 Feb 2017 22:21:29 GMT

They are open, not reporting. Just wondering if they are included in uti. I don't need to dispute anything. Thanks !

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 22:22:24 GMT

@emily15 wrote:
They are open, not reporting. Just wondering if they are included in uti. I don't need to dispute anything. Thanks !

They are included.

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 22:51:34 GMT

My bad. I in the past had open accounts not reporting and filed a dispute because I did want them included in my utilization. After I filed the dispute, they have since been reporting. Two of the three of them I had not been using for about 2months or so. Did not mean to give misleading information, just speaking from my experience. I am really glad that there are others here on this wonderful forum that can give better direction on certain issues. Thanks Donny and sorry Emily...and on we go...

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 22:54:27 GMT

@Anonymous wrote:
My bad. I in the past had open accounts not reporting and filed a dispute because I did want them included in my utilization. After I filed the dispute, they have since been reporting. Two of the three of them I had not been using for about 2months or so. Did not mean to give misleading information, just speaking from my experience. I am really glad that there are others here on this wonderful forum that can give better direction on certain issues. Thanks Donny and sorry Emily...and on we go...

No worries, I've done the same thing.

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 23:09:32 GMT

When our OP (Emily) says that they are not reporting, she may mean one of two things:

(1) The accounts are not appearing on her reports

(2) The accounts do appear, but they are not being updated each month by the creditor. In fact they have not been updated for several months.

People use the verb "report" in both ways.

If Emily means #1, then the accounts are not being figured into utilization, since an account has to be on one's report to affect one's score.

If she means #2, then if the card is listed as open it is counted into utilization; if it is listed as closed it is not counted.

Does that sound right, everybody?

Re: Accounts not reported included in utilization?

Anonymous — Tue, 07 Feb 2017 23:23:08 GMT

@Anonymous wrote:
When our OP (Emily) says that they are not reporting, she may mean one of two things:

(1) The accounts are not appearing on her reports

(2) The accounts do appear, but they are not being updated each month by the creditor. In fact they have not been updated for several months.

People use the verb "report" in both ways.

If Emily means #1, then the accounts are not being figured into utilization, since an account has to be on one's report to affect one's score.

If she means #2, then if the card is listed as open it is counted into utilization; if it is listed as closed it is not counted.

Does that sound right, everybody?

Emily already said they were open but not reporting, thus they are factored into uitilization.

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:08:49 GMT

It was unclear to me what she meant by reporting. That's what I mentioned in my post.

Many people when they say that an account is not reporting mean that it does not appear on the report. She could have a card that she knows is open but she does not see it on the report (thus "it is not reporting"). Such a card would not be counted into utilization, although it was indeed open.

So they mere fact that she said she had a card that was open doesn't answer the question, not until we know what she means by "to report."

PS. And there isn't a right or wrong way to use the word -- it's used both ways frequently. I just wanted to check in to find out which way she meant it. Indeed, the fact that she was being confidently told opposite things by different people might be a sign that people were interpreting this word differently.

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:25:33 GMT

@Anonymous wrote:
It was unclear to me what she meant by reporting. That's what I mentioned in my post.

Many people when they say that an account is not reporting mean that it does not appear on the report. She could have a card that she knows is open but she does not see it on the report (thus "it is not reporting"). Such a card would not be counted into utilization, although it was indeed open.

So they mere fact that she said she had a card that was open doesn't answer the question, not until we know what she means by "to report."

PS. And there isn't a right or wrong way to use the word -- it's used both ways frequently. I just wanted to check in to find out which way she meant it. Indeed, the fact that she was being confidently told opposite things by different people might be a sign that people were interpreting this word differently.

Others may have been interpreting the word differently. However I had the clear understanding what the OP was asking and I believe I answered it correctly.

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:27:40 GMT

@Anonymous wrote:
@emily15 wrote:
They are open, not reporting. Just wondering if they are included in uti. I don't need to dispute anything. Thanks !
They are included.

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:35:07 GMT

@emily15 wrote:
Hi,

I have some cards I have not used in over a year and it looks like they are not reporting, my question is if these limits are still included in overall utilization or not?
T.I.A!

Let's take this a little further.

Emily- Are the accounts in question listed on your credit reports but have not updated for a period of months?

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:37:30 GMT

Well, when it is possible that one or more people are interpreting a key word in a question in very different ways (and remember there were dozens of people just reading it and not commenting as well) it can be helpful for one of the people who are not fully clear to chime in and ask the OP. That's what I did.

I still am uncertain -- my guess is that our OP meant is not reporting in the second sense -- that the account was appearing on the report but wasn't updating each month. But I am not 100% on that.

Re: Accounts not reported included in utilization?

Anonymous — Wed, 08 Feb 2017 00:40:59 GMT

@Anonymous wrote:
Well, when it is possible that one or more people are interpreting a key word in a question in very different ways (and remember there were dozens of people just reading it and not commenting as well) it can be helpful for one of the people who are not fully clear to chime in and ask the OP. That's what I did.

I still am uncertain -- my guess is that our OP meant is not reporting in the second sense -- that the account was appearing on the report but wasn't updating each month. But I am not 100% on that.

I do not disagree at all what you are saying.

This is why I just asked Emily if they are in fact on her reports, but not updating.

We will know as soon as the OP replies to my question.

You raise some very good points.