topic Re: Maybe a dumb question in Understanding FICO® Scoring

Maybe a dumb question

Anonymous — Tue, 19 May 2015 12:51:34 GMT

But, does my fico wait for all your credit cards to report to them before they update your report, or do they update as they come in? 2 of my cards should have been closed 2 days ago. I'm not seeing any updates.

Re: Maybe a dumb question

JagerBombs89 — Tue, 19 May 2015 13:31:05 GMT

There is usually a few days of lag time between closing dates and when they actually hit your reports. And if the updates aren't significant enough to trigger an alert, you won't see one anyways.

Re: Maybe a dumb question

Anonymous — Tue, 19 May 2015 13:34:43 GMT

Thank you, I'm waiting for the update because I have a 1500 clip on it and I paid off about 50% off my other cards. Hoping my util is around 15% now.

Re: Maybe a dumb question

Anonymous — Tue, 19 May 2015 13:35:02 GMT

Cli not clip. Lol

Re: Maybe a dumb question

Revelate — Wed, 20 May 2015 05:52:57 GMT

I think the CLI may report on pretty much all of them as a change to the actual tradeline regardless of balance change or not.

Have to go back and look to see if my most recent USAA auto-CLI triggered a monitoring update, hardly ever use that card so it's unlikely I would've had a balance change on it.

Re: Maybe a dumb question

Anonymous — Wed, 20 May 2015 20:50:54 GMT

Thanks