topic Re: A quick AZEO question in Understanding FICO® Scoring

A quick AZEO question

Meanmchine — Sun, 17 Feb 2019 01:01:30 GMT

Next week will be the first time my CRs will reflect only one account showing a balance and total CL < 1%

The one account that is running the balance is $750 / $10500 or 0.071%. Question is, Is this balance to high for max AZEO scoring ?

Thanks

Re: A quick AZEO question

SouthJamaica — Sun, 17 Feb 2019 01:10:42 GMT

@Meanmchine wrote:
Next week will be the first time my CRs will reflect only one account showing a balance and total CL < 1%

The one account that is running the balance is $750 / $10500 or 0.071%. Question is, Is this balance to high for max AZEO scoring ?

Thanks

No, 7% is perfect.

Re: A quick AZEO question

Meanmchine — Sun, 17 Feb 2019 01:13:35 GMT

Thanks SJ

< Snoopy Dance >

Re: A quick AZEO question

Anonymous — Sun, 17 Feb 2019 04:30:55 GMT

It's plenty high enough, as would be $75 or even $7.50. Basically, anything $5 or greater is large enough to report to the bureaus regardless of lender and any non-zero reported balance will satisfy FICO "seeing" current revolving credit use.

Re: A quick AZEO question

HeavenOhio — Sun, 17 Feb 2019 15:43:08 GMT

@Meanmchine, when we give AZEO instructions, we say "five dollars but not much more" because it simplifies the explanation, eliminates surprises, and works with both low and high limits. Given your balance and limit, I'd predict that you'll still get your AZEO score.

Re: A quick AZEO question

Meanmchine — Sun, 17 Feb 2019 19:06:22 GMT

@HeavenOhio wrote:
@Meanmchine, when we give AZEO instructions, we say "five dollars but not much more" because it simplifies the explanation, eliminates surprises, and works with both low and high limits. Given your balance and limit, I'd predict that you'll still get your AZEO score.

Thank you. I wasnt even trying to get to AZEO, just worked out that way. It wont last very long tho. I got a purchase coming up at Target and Ill let the balance float for a few months and try for some auto love.

Re: A quick AZEO question

NRB525 — Mon, 18 Feb 2019 23:37:10 GMT

Congrats on getting to low utilization.

Let us know if you see any actual score movement with AZEO, apart from the low utilization