topic Re: CLI and FICO Scores?? in Understanding FICO® Scoring

CLI and FICO Scores??

NLYTN — Wed, 16 Sep 2015 15:49:22 GMT

Do scores usually take a hit when you get a CLI? After looking at my EX is seems like this may be the case unless it just happens to be coincidence every time i get one. Can someone with experience chime in on this?

Re: CLI and FICO Scores??

Revelate — Wed, 16 Sep 2015 15:57:57 GMT

@NLYTN wrote:
Do scores usually take a hit when you get a CLI? After looking at my EX is seems like this may be the case unless it just happens to be coincidence every time i get one. Can someone with experience chime in on this?

Unless you take an inquiry for the CLI, no. Something else is going on TBH, usually a CLI is a pure win if it affects your utilization in any fashion though some low numbers in the margin you might see a slight drop: people have found historically that there are sweetspots for low utilization numbers though I didn't ever see it personally... I also never went looking for it.

Re: CLI and FICO Scores??

NLYTN — Wed, 16 Sep 2015 16:24:13 GMT

OK thanks. I guess i will check once my next CLI hits the report.

Re: CLI and FICO Scores??

yoyo — Thu, 17 Sep 2015 16:01:46 GMT

Got a 23 point decrease because my CL increased $1000 and the card is almost paid off. 1 year after BK..
so I guess my AAoA is factored in.