topic FICO factors affecting score not consistent with CRA data pulled on exact same day in Understanding FICO® Scoring

FICO factors affecting score not consistent with CRA data pulled on exact same day

Anonymous — Sat, 12 Sep 2020 23:02:14 GMT

My FICO reports pulled today are showing factors affecting my score. I also pulled my reports directly from each bureau today and while the FICO scores are the same, the factors are not. For example, Experian is showing a credit utilization of 9% (accurate) while FICO is showing, under Experian, a credit utilization of 106% (inaccurate). How is that possible? It's the same date pull, not any old dates, and referring to the exact same CRA. Is this an error? Or what other explanation could there be?

Re: FICO factors affecting score not consistent with CRA data pulled on exact same day

Anonymous — Sun, 13 Sep 2020 23:19:16 GMT

@Anonymous wrote:
My FICO reports pulled today are showing factors affecting my score. I also pulled my reports directly from each bureau today and while the FICO scores are the same, the factors are not. For example, Experian is showing a credit utilization of 9% (accurate) while FICO is showing, under Experian, a credit utilization of 106% (inaccurate). How is that possible? It's the same date pull, not any old dates, and referring to the exact same CRA. Is this an error? Or what other explanation could there be?

I am guessing you either have a CO or closed a revoling account(s) with balance(s)? In that case 9% is incorrect and 106% is correct and suppressing your scores greatly.

Closing a revolving account with a balance or having a CO makes it automatically maxxed out and is incorporated into your revolving util. The 9% is incorrect and often is only showing you open and active accounts util, but regardless of showing 9%, your scores will reflect the 106% util.

Re: FICO factors affecting score not consistent with CRA data pulled on exact same day

Anonymous — Wed, 16 Sep 2020 05:25:44 GMT

@Anonymous wrote:
My FICO reports pulled today are showing factors affecting my score. I also pulled my reports directly from each bureau today and while the FICO scores are the same, the factors are not. For example, Experian is showing a credit utilization of 9% (accurate) while FICO is showing, under Experian, a credit utilization of 106% (inaccurate). How is that possible? It's the same date pull, not any old dates, and referring to the exact same CRA. Is this an error? Or what other explanation could there be?

@Anonymous it's probably correct, but the reason that you are seeing different utilization numbers is because you are relying on 2 different frontends to calculate from the data for you rather than calculating the data yourself, which is the only way you can get correct utilization numbers.