topic Re: Util from 0 to 2%, gains on 2/3 CRA. Why? in Understanding FICO® Scoring

Util from 0 to 2%, gains on 2/3 CRA. Why?

PicoFico — Thu, 11 Jul 2019 00:02:54 GMT

Help me understand why letting utilization post (0% to 2%) have positive gains on all but EQ. Only DP's worth noting is that I have 3 new revolving accounts, but only 1 (this) is reporting so far.

Thanks for any help!

Re: Util from 0 to 2%, gains on 2/3 CRA. Why?

Anonymous — Thu, 11 Jul 2019 01:01:48 GMT

0% is a penalty 1%-8% is ideal.

EQ is just being stubborn it seems as it should have gone up at least a little.

Alerts don't exactly happen where there's a score change though either. There's a lot of different factors to consider for a point change. Something else might have changed on EQ scorecard that muted the point difference.

Re: Util from 0 to 2%, gains on 2/3 CRA. Why?

thornback — Thu, 11 Jul 2019 01:51:02 GMT

It is likely your EQ score also increased but - there is an ongoing issue with EQ score updating with alerts on myFICO eventhough the score has, in fact, changed. EX and TU update the score as expected, but not EQ (there are a few posts about it in the support forum and I am experiencing the same). Your EQ score will update when you pull a new 3B report as per your membership subscription.

You can confirm your score by getting the $1 trial through CCT/ Experian if you don't want to wait - just be sure to cancel before the trial ends.

Re: Util from 0 to 2%, gains on 2/3 CRA. Why?

PicoFico — Thu, 11 Jul 2019 01:55:02 GMT

Good info thanks for the replies!

Re: Util from 0 to 2%, gains on 2/3 CRA. Why?

thornback — Thu, 11 Jul 2019 01:59:55 GMT

YW - And heres one of the threads on that issue:
https://ficoforums.myfico.com/t5/myFICO-Product-Feedback/EQ-score-not-updating-in-almost-3mo/td-p/5643151