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Discover Current Balance & Statement Balance

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Super Contributor

Re: Discover Current Balance & Statement Balance

Yeah I have tested AZEO and it’s worth 2-5 points for me when I’m <8.9%... not really worth fussing over compared to other parts of your profile but I don’t like having staggered due dates so I’ve got 5 of my cards all between the 21st-23rd so AZEO happens more often than not anyway just by virtue of me paying my bills on the same day when I get my check on the 3rd every month. 




Message 41 of 43
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Super Contributor

Re: Discover Current Balance & Statement Balance


@Kforce wrote:

@NRB525 wrote:

@Saeren wrote:

@NRB525 wrote:


 


 


For me controlling payments is about number of cards.

NO I don't want 12 more !

I put pretty good spend on all my cards.

Utilization would be high and all cards would be reporting balances.

Tank FICO but be able to get CL increases I don't need except for Fico.

Easy to just pay on a different schedule

I really don't know how bad normal use would tank my scores.

Average would be > 30% on a couple cards and alll cards with balance.

Maybe I should become a test case of Azeo vs Non-Azeo.

My guess north of 25 points.  Smiley Sad

Anyone for "Virtual Gambling" ?    Smiley Very Happy

 


Well, two of your cards are FNBO, one of the most conservative banks. You are t hiding much from them Smiley Wink 

At 840 current scores, you can afford to relax a bit on the balance reporting if you choose to. As noted elsewhere if you aren’t apping, nobody knows your scores but you. 

 

Your Double Cash and Cash+ should be able to inch up in limits?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
Message 42 of 43
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Super Contributor

Re: Discover Current Balance & Statement Balance


@oldman87 wrote:

@Saeren wrote:

@oldman87 wrote:
I have done AZEO test multiple times, between AZEO to all cards reporting naturally (6 cards), 0 points on EX, 7 points on TU and 2-3 points on EQ, aggregate UTI always under 9% and individual UTI never over 29%. I did get 2 points on EX when highest individual UTI fell under 9%. AZEO is overrated, I suspect reports of higher AZEO gains comes from UTI reductions, not AZEO.

But Kforce isn’t just talking about AZEO but higher aggregate and individual utilization. There are definite score penalties for that. 

 

I got dinged for passing 8.9% by TU but the 8.9% threshold doesn’t appear to apply to all profiles like everything else. 


I know that, but it's important to differentiate the 2, very often someone with non optimized UTI goes into AZEO and gets a 20 point gain then attributes it to AZEO, when in reality most came from utilization reduction. One must first optimize UTI before testing AZEO and that AZEO gains are relatively minimal was my point.

This, 1,000 times this. 

 

AZEO is a shorthand for low aggregate utilization. Number of cards is not the main factor. I have something like 18 of 20 cards reporting something, all below 30%, and a closed card with balance.  Aggregate utilization is 2% so my scores are about 840.  

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
Message 43 of 43
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