topic Re: Score Watch Alert about Balance Increases phew no drop! in Understanding FICO® Scoring

Score Watch Alert about Balance Increases phew no drop!

Anonymous — Fri, 14 Nov 2008 18:14:34 GMT

I;ve been at 739 (my PR) for awhile, just got notice TWO accounts increased, one from $139 to $1300 one from $300 to $700. No Drop! Yeah!

Maybe it is range based, I was at 31% probably at 34% now, Paying balances down this month to <10% hoping that will give me a big pop.

Anonymous — Fri, 14 Nov 2008 23:01:58 GMT

if i were you i would still expect a drop...have both balances reported?

Anonymous — Fri, 14 Nov 2008 23:15:24 GMT

Yes, that was the alert, two cards reported balance increases. So far drop/gain with balances have been concurrent with alerts of reporting...

Anonymous — Sat, 15 Nov 2008 17:16:05 GMT

You should see no change going from 31 to 34, going from 34 down to 9 percent should give you around 16-28 points.