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    <title>topic Re: Credit utilization not updated? in General Credit Topics</title>
    <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4766314#M235821</link>
    <description>Remember your report is a snapshot of that moment. A computer doesn't look at past usage, just what's showing at that instant.</description>
    <pubDate>Sun, 09 Oct 2016 19:03:48 GMT</pubDate>
    <dc:creator>Scupra</dc:creator>
    <dc:date>2016-10-09T19:03:48Z</dc:date>
    <item>
      <title>Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763002#M235589</link>
      <description>&lt;P&gt;I just checked my Experian&amp;nbsp;FICO Score and the credit utilization hasn't been updated, however the credit score did get updated (and it is now lower). How come? Last time it was updated was on September 5th, then on September 9th I paid off my balance, then I used my card again and continued to make payments throughout the month of September (balance is $0 right now). The score was just updated today, October 5th, but the credit utilization is still at 80%, just like last month... why!? And now my score is lower... can I dispute it?&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 19:03:48 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763002#M235589</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T19:03:48Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763011#M235590</link>
      <description>&lt;P&gt;Exactly what are you considering disputing?&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 19:11:42 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763011#M235590</guid>
      <dc:creator>tomfromrictmame</dc:creator>
      <dc:date>2016-10-05T19:11:42Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763107#M235591</link>
      <description>&lt;P&gt;Or just call to ask why the credit utilization hasn't been updated since last month. My credit score went down like 18 points, so I'm guessing they are assuming I didn't pay off my balance, but I did! The only other thing that happened was that I got approved for a Quicksilver one, and actually, the added credit is not reflected in my score yet.&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 20:24:55 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763107#M235591</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T20:24:55Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763166#M235592</link>
      <description>&lt;P&gt;Where are you checking scores and obtaining utilization from?&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 21:15:17 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763166#M235592</guid>
      <dc:creator>Scupra</dc:creator>
      <dc:date>2016-10-05T21:15:17Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763235#M235598</link>
      <description>&lt;P&gt;Here: &lt;A href="https://www.freecreditscore.com/" target="_blank"&gt;https://www.freecreditscore.com/&lt;/A&gt;&lt;/P&gt;&lt;P&gt;It gives me utilization as percentage, so right now it says 80%&amp;nbsp;(on a credit&amp;nbsp;limit of $300)&amp;nbsp;when it should be 0% for a combined credit limit of $2,300 as I got approved for a Quicksilver One about two and a half weeks ago.&lt;/P&gt;&lt;P&gt;Like I said, I paid off my balance on September 9th (the score got updated on September 5th and now again on October 5th), then I used my card throughout the month, but made several payments as well (never used more than 30%). I left my balance at $30 (so 10%) for a few weeks, then I paid off my balance to avoid interest charges.&lt;/P&gt;&lt;P&gt;You can guess how disappointed I am to find out that instead of improving my score it actually went down... but the balance/utilization is not updated, so... maybe it&amp;nbsp;will be updated and my score should go way up??? It makes no sense to me... I wanted to apply for more CCs this month because I was sure my credit score would be much better after paying off my balance.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;(Thanks for moving the thread)&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 22:28:00 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763235#M235598</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T22:28:00Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763262#M235599</link>
      <description>&lt;P&gt;I found this on that website under Disputes:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;"&lt;/P&gt;&lt;P&gt;Incorrect Details on Real Accounts&lt;/P&gt;&lt;P&gt;The information on your credit report comes directly from the companies that provide credit to consumers. Sometimes, that information gets reported incorrectly. Examples of incorrect details include:&lt;/P&gt;&lt;UL&gt;&lt;LI&gt;Open accounts reported as closed&lt;/LI&gt;&lt;LI&gt;Reports of late payments that never happened&lt;/LI&gt;&lt;LI&gt;Incorrect balances, credit limits, or other numbers"&lt;/LI&gt;&lt;/UL&gt;&lt;P&gt;So yes, I can dispute based on incorrect balances. This Score gets updated every month, so I can either dispute it now or wait until November 5th... but if I wait, my score will go up from 686 that I have right now, instead of going up from 703 that I had last month.&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 23:19:14 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763262#M235599</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T23:19:14Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763266#M235600</link>
      <description>&lt;P&gt;Well the Cap1 card will take time to report as you know.. Do you know when your other card reports to the CRA's? Did a balance possibly still report?&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 23:17:46 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763266#M235600</guid>
      <dc:creator>Scupra</dc:creator>
      <dc:date>2016-10-05T23:17:46Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763271#M235601</link>
      <description>&lt;P&gt;I don't know if it reports exactly on the 1st, or a few days after. The bank statement arrives on the 6th or 7th,&amp;nbsp;the September statement arrived on the 6th, but my credit score on Experian's website reflected the balance of the statement already, even on the 5th.&lt;/P&gt;&lt;P&gt;On September 6th I got my Wells Fargo Secured CC statament online, with a balance of $266, but on Experian, as of September 5th my credit score was 703 with a balance of $266 (one day earlier than my statement). So I'm sure my banks reports first, then sends me the statement. Following that same schedule, my bank should have reported no balance already, and I should get my bank statement tomorrow.&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 23:27:03 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763271#M235601</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T23:27:03Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763277#M235603</link>
      <description>&lt;P&gt;I just checked the complete credit report. and it turns out September hasn't been reported by Wells Fargo yet. So my question is, how come my credit score did go down? I had one HP from Cap 1, but I was approved and 18 points is a lot for just one pull...&lt;/P&gt;</description>
      <pubDate>Wed, 05 Oct 2016 23:38:15 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4763277#M235603</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-05T23:38:15Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764116#M235632</link>
      <description>&lt;P&gt;When my bank finally reports September's statement, will be score go up or will I have to wait until November!!? It's weird because last month it was reported before the 5th... it's Wells Fargo so....&lt;/P&gt;</description>
      <pubDate>Thu, 06 Oct 2016 21:27:23 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764116#M235632</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-06T21:27:23Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764390#M235653</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;P&gt;I just checked the complete credit report. and it turns out September hasn't been reported by Wells Fargo yet. So my question is, how come my credit score did go down? I had one HP from Cap 1, but I was approved and 18 points is a lot for just one pull...&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;It likely went down from the inquiry, the new account and possibly a reduction in AAoA.&amp;nbsp; 18 points isn't a lot, and usually at least half of them if not more will be recovered within 3 months.&amp;nbsp; How thin is your file?&amp;nbsp; I'd guess relatively thin based on your score drop.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Check your credit report and see what date WF usually reports on.&amp;nbsp; Once that date passes this month, pull your scores again and likely WF will have reported again this time with your correct balance and thus utilization.&amp;nbsp; You'll likely see a nice score increase, chances are quite in excess of what you lost from that new account.&amp;nbsp; Remember you want a small balance to report on one revolving account, so if you completely paid off your balances your gain won't be as great as if you leave a small balance.&amp;nbsp; Going from 80% utilization to single digit utilization will be a great improvement though.&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 01:52:02 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764390#M235653</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-07T01:52:02Z</dc:date>
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    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764425#M235654</link>
      <description>&lt;P&gt;Data point....my WF accounts do not report monthly, it's typically its every 2 months. Annoying I know.&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 02:26:36 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764425#M235654</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-07T02:26:36Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764743#M235661</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;P&gt;I just checked the complete credit report. and it turns out September hasn't been reported by Wells Fargo yet. So my question is, how come my credit score did go down? I had one HP from Cap 1, but I was approved and 18 points is a lot for just one pull...&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;It likely went down from the inquiry, the new account and possibly a reduction in AAoA.&amp;nbsp; 18 points isn't a lot, and usually at least half of them if not more will be recovered within 3 months.&amp;nbsp; How thin is your file?&amp;nbsp; I'd guess relatively thin based on your score drop.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Check your credit report and see what date WF usually reports on.&amp;nbsp; Once that date passes this month, pull your scores again and likely WF will have reported again this time with your correct balance and thus utilization.&amp;nbsp; You'll likely see a nice score increase, chances are quite in excess of what you lost from that new account.&amp;nbsp; Remember you want a small balance to report on one revolving account, so if you completely paid off your balances your gain won't be as great as if you leave a small balance.&amp;nbsp; Going from 80% utilization to single digit utilization will be a great improvement though.&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;What's AAoA?&lt;/P&gt;&lt;P&gt;Hmmm, maybe that's why it dropped so much, because I have thin file, I read a HP only decreases your score by 5-10 points, so 18 points&amp;nbsp;was surprising to me.&amp;nbsp;Also,&amp;nbsp;the score&amp;nbsp;probably drops steadily if utilization doesn't go down. On Experian.com it says that the last time WF reported the balance was on September 6th, however,&amp;nbsp;my previous&amp;nbsp;score update was on September 5th, and that already reflected the balance (supposedly) reported on September 6th. Anyway, today is October 7th and no update yet, actually, I still haven't received&amp;nbsp;my statements for neither my checking account nor credit account with WF. They are definitely late, I usually get it&amp;nbsp;beteween the 5th and 6th... they are such a freakin mess.... I want to close everything with WF!!! But I&amp;nbsp;should not close my oldest credit card, so I'm stuck with that horrible bank.&amp;nbsp;Is there a class action lawsuit already? I want it, but that's a different topic.&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I don't get why paying off a balance in full results in a lower score than having some balance. Sometimes this whole credit thing is anything but logical. Ok, maybe if the account has been sitting in $0 for a while, it makes sense for the score to go down, because it means you don't even use your credit, so how can they know if there's risk or not. But if you go from 80% utilization to 0%, that should mean you are good at paying all of your debt quickly.&amp;nbsp;I think they just want you to always be paying, if you don't owe money, they don't make money (lenders), that's why. If I want to avoid interest charges I need to have no balance, but then I need balance to have a better score.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;So WF reports every other month? That's annoying and inconvenient... I hate WF.&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 16:44:27 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764743#M235661</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-07T16:44:27Z</dc:date>
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      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764762#M235663</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;BLOCKQUOTE&gt;&lt;HR /&gt;@Anonymous wrote:&lt;BR /&gt;&lt;P&gt;I just checked the complete credit report. and it turns out September hasn't been reported by Wells Fargo yet. So my question is, how come my credit score did go down? I had one HP from Cap 1, but I was approved and 18 points is a lot for just one pull...&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;It likely went down from the inquiry, the new account and possibly a reduction in AAoA.&amp;nbsp; 18 points isn't a lot, and usually at least half of them if not more will be recovered within 3 months.&amp;nbsp; How thin is your file?&amp;nbsp; I'd guess relatively thin based on your score drop.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Check your credit report and see what date WF usually reports on.&amp;nbsp; Once that date passes this month, pull your scores again and likely WF will have reported again this time with your correct balance and thus utilization.&amp;nbsp; You'll likely see a nice score increase, chances are quite in excess of what you lost from that new account.&amp;nbsp; Remember you want a small balance to report on one revolving account, so if you completely paid off your balances your gain won't be as great as if you leave a small balance.&amp;nbsp; Going from 80% utilization to single digit utilization will be a great improvement though.&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;What's AAoA?&lt;/P&gt;&lt;P&gt;Hmmm, maybe that's why it dropped so much, because I have thin file, I read a HP only decreases your score by 5-10 points, so 18 points&amp;nbsp;was surprising to me.&amp;nbsp;Also,&amp;nbsp;the score&amp;nbsp;probably drops steadily if utilization doesn't go down. On Experian.com it says that the last time WF reported the balance was on September 6th, however,&amp;nbsp;my previous&amp;nbsp;score update was on September 5th, and that already reflected the balance (supposedly) reported on September 6th. Anyway, today is October 7th and no update yet, actually, I still haven't received&amp;nbsp;my statements for neither my checking account nor credit account with WF. They are definitely late, I usually get it&amp;nbsp;beteween the 5th and 6th... they are such a freakin mess.... I want to close everything with WF!!! But I&amp;nbsp;should not close my oldest credit card, so I'm stuck with that horrible bank.&amp;nbsp;Is there a class action lawsuit already? I want it, but that's a different topic.&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I don't get why paying off a balance in full results in a lower score than having some balance. Sometimes this whole credit thing is anything but logical. Ok, maybe if the account has been sitting in $0 for a while, it makes sense for the score to go down, because it means you don't even use your credit, so how can they know if there's risk or not. But if you go from 80% utilization to 0%, that should mean you are good at paying all of your debt quickly.&amp;nbsp;I think they just want you to always be paying, if you don't owe money, they don't make money (lenders), that's why. If I want to avoid interest charges I need to have no balance, but then I need balance to have a better score.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;So WF reports every other month? That's annoying and inconvenient... I hate WF.&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;AAoA = Average Age of Accounts&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Letting 0% report looks like you have the credit but can't manage using it. If you have a credit card and never use it, how does that show a lender you can use and manage a credit card? I know it's funky but it's the game &lt;img id="smileyhappy" class="emoticon emoticon-smileyhappy" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /&gt; I would say not to play the utilization game unless you are prepping to app for something&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 17:13:19 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764762#M235663</guid>
      <dc:creator>Scupra</dc:creator>
      <dc:date>2016-10-07T17:13:19Z</dc:date>
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      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764771#M235664</link>
      <description>&lt;BLOCKQUOTE&gt;&lt;HR /&gt;&lt;a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/601058"&gt;@Scupra&lt;/a&gt; wrote:&lt;/BLOCKQUOTE&gt;&lt;BLOCKQUOTE&gt;&lt;P&gt;AAoA = Average Age of Accounts&lt;/P&gt;&lt;P&gt;Letting 0% report looks like you have the credit but can't manage using it. If you have a credit card and never use it, how does that show a lender you can use and manage a credit card? I know it's funky but it's the game &lt;img id="smileyhappy" class="emoticon emoticon-smileyhappy" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /&gt; I would say not to play the utilization game unless you are prepping to app for something&lt;/P&gt;&lt;HR /&gt;&lt;/BLOCKQUOTE&gt;&lt;P&gt;Thanks!&lt;/P&gt;&lt;P&gt;Oh yeah, that's what I'm saying, it makes sense for the score to go down if you continously keep the credit card with $0 for months, because as you said, how can a lender know that you use and manage a credit card if you never use it. But, if from one month to another you went from high utilization to no balance, then you are obviously using your credit card, and you are obviously responsible enough to avoid debt.&lt;/P&gt;&lt;P&gt;I have never been late, and I always pay more than the minimum amount per month, just this summer whas tough because I graduated from college and I had no job for three months, so I had high utilization in my CC. Still, my score was above 700, and that's thanks to good planning on my side. Now my score dropped below 700, probably due to the HP from Cap1, and the AAoA, but that's BS because paying off my balance should have kept me above 700, but WF hasn't report, or won't report until November (if it's true that they report every other month).&lt;/P&gt;&lt;P&gt;The thing is that I want to apply to more credit cards, so I was hoping for an increase in my score to something around 730, not 685. My WF secured CC sucks, and they haven't offered to upgrade me to an unsecured card (after 1 year and 8 months, and now with a good job). I have $300 of&amp;nbsp; secured deposit sitting there doing nothing for me, and that's the credit limit, $300, pathetic. Other banks increase your limit without having to deposit more money, but not WF, because why would they? they are committed to being the worst amongst the worst (banks are inherently bad in my opinion, they go broke and we have to save them, if we go broke we are screwed). So, with $300 of CL, it's good for nothing, $200 and you are already in negative score territory for high utilization, that's why I need other cards. I already have a Cap 1 Qucksilver One, with $2000 CL, but I want a travel rewards card that I use for business travel expenses (that I get reimbursed for anyway) so I get points and stuff. A Discover IT miles and/or a Chase Hyatt.&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 17:31:04 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764771#M235664</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-07T17:31:04Z</dc:date>
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      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764973#M235674</link>
      <description>&lt;P&gt;If you pay off your balances and show 0% utilization you aren't using any credit, so you lose points in the "utilization" category.&amp;nbsp; If you have zero utilization there is no data; it looks like you aren't using your credit.&amp;nbsp; There are easy work-arounds though for this in terms of both revolving accounts (credit cards) and installment loans that can be accomplished in about 1 month of time.&amp;nbsp; For CC's, you just let one card report a small balance... even $5-$10 which will show 1% utilization for FICO scoring purposes.&amp;nbsp; Problem solved there.&amp;nbsp; For installment loans, look up the share secure loan technique where it's basically a small loan of $500 or so that you pay down to 9% or so the first month and then pay a dollar a month for a period of years.&amp;nbsp; For those years, you have an installment loan as part of your credit mix that's at 1%-9% utilization which provides optimal FICO scoring.&amp;nbsp; Adding this type of loan or reporting a balance on a credit card can usually be accomplished in about a month, so in theory 30 days or so from now your score can be 700+ which is what you're after.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Fri, 07 Oct 2016 22:59:59 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4764973#M235674</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2016-10-07T22:59:59Z</dc:date>
    </item>
    <item>
      <title>Re: Credit utilization not updated?</title>
      <link>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4766314#M235821</link>
      <description>Remember your report is a snapshot of that moment. A computer doesn't look at past usage, just what's showing at that instant.</description>
      <pubDate>Sun, 09 Oct 2016 19:03:48 GMT</pubDate>
      <guid>https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-utilization-not-updated/m-p/4766314#M235821</guid>
      <dc:creator>Scupra</dc:creator>
      <dc:date>2016-10-09T19:03:48Z</dc:date>
    </item>
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