Barclays reported my balance for AF before I even got my card and my score just shot up 15 points. Nothing else changed. That's weird, isn't it? I mean, I'll take it! Haha!
@OHWWCB wrote:Barclays reported my balance for AF before I even got my card and my score just shot up 15 points. Nothing else changed. That's weird, isn't it? I mean, I'll take it! Haha!
Utilization? What score are we talking about anyway?
I went from a $0 balance to $89 balance and MyFico Score Watch went up 15 points
@OHWWCB wrote:
I went from a $0 balance to $89 balance and MyFico Score Watch went up 15 points
Am sorry, I quick-typed a sloppy non-useful response.
The three (four if you include Amex backdating for AAOA) possible positives from a new revolving tradeline (and I'm assuming you had a balance reported on one of your other cards?
1) Mix of credit, not the case with your siggy line
2) New account reporting a $0 balance changing your number of cards with balances favorably, also not likely the case here.
3) New aggregate utilization, this is what I was interested in, whether you're carrying a non-trivial balance somewhere that the Barclay's card pushed you over a breakpoint.
Also there's a non-zero chance your change wasn't done in isolation as there's a bunch of things SW doesn't catch like changes to tradeline reporting and things falling off.
@Revelate wrote:
@OHWWCB wrote:
I went from a $0 balance to $89 balance and MyFico Score Watch went up 15 pointsAm sorry, I quick-typed a sloppy non-useful response.
The three (four if you include Amex backdating for AAOA) possible positives from a new revolving tradeline (and I'm assuming you had a balance reported on one of your other cards?
1) Mix of credit, not the case with your siggy line
2) New account reporting a $0 balance changing your number of cards with balances favorably, also not likely the case here.
3) New aggregate utilization, this is what I was interested in, whether you're carrying a non-trivial balance somewhere that the Barclay's card pushed you over a breakpoint.
Also there's a non-zero chance your change wasn't done in isolation as there's a bunch of things SW doesn't catch like changes to tradeline reporting and things falling off.
Thanks! That does make sense. My AMEX and Discover cards still haven't reported, though.