AmEx charge and TU98

[-Cain-]

Not too thrilled that TU98 is counting my Green's statement balance as part of my revolving debt. It shot me up from 4% to 32%, dropping my score from 687 to 668... Well that+new account+AAoA hit.

My first payment to AmEx had to be after 1st statement cut, but now will I be able to pay as soon as charge posts? How is this handled by charge card holders?

On the bright side, estimator says paying debt down, : ( , within next 24 months should take me to 714-740 or so. I don't see getting any other cards until next Jan, when I will go for an AmEx revolver if they haven't offered me one beforehand.

[pizzadude]

Personally I don't worry about it, since the newer TU versions don't factor Charge card utilization. I am not sure which of my TU pulling creditors ( GECRB, Barclay ) are using TU 98 but I suspect they are using a newer version.

[-Cain-]

It's not that I'm worried about it, I just look forward a bit less now to seeing my TU score here every 3 months. I'll keep TU QM for the monitoring anyway, but it would sure be nice if they started giving TU04 scores out here.

[pizzadude]

Yeah I agree it would be great if we could get a newer TU version. Some people have seen significant discrepancies between TU 98 and 04, which may or may not be attributed to the charge card issue.....