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Can Someone Please Explain This (Equifax)

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New Contributor

Can Someone Please Explain This (Equifax)

Hello, I have an EQ membership and noticed this on my credit score details. I've noticed it for a while, but I finally looked at it closer. Note, it says this is one of the factors hurting my score. However, I can't find anything in my credit report that lines up with the message. It even says $0 right underneath it.

 

Balance.jpg

 

Anyone have any idea why this is there and who I can reach out to in order to get it removed?

Starting EQ: 601 | EXP: 623 | TU: 637 (2/17)
Update 4/18/20: Current EQ: 760 | EXP: 708 | TU: 724

Goal EQ: 750 | EXP: 750 | TU: 750 (12/17)
Credit Card Debt Free Goal: March 2018

*NEW* Chase Sapphire Preferred $0 ($17,600) 4/18/20 | Chase Freedom Unlimited $0 ($5,500) | Chase Slate $0 ($2,100) | PNC Visa $11,100 ($12,500) | Citi Costco $0 ($5,500) | Citi Simplicity $0 ($2,700) | Discover It $0 ($8,000) | Barclay Card NFL Extra Points $0 ($12,000) | Marvel Mastercard $0 ($6,000) | Nordstrom Visa $0 ($17,000) | American Express Every Day $0 ($3,000) | Bayport Credit Union $6,876 ($7,500) | American Express Delta $700 ($12,000) | Macy's $601 ($5,000) | JC Penney $0 ($3,500) | Synchrony Amazon $2,728.40 ($6,500)
3 REPLIES 3
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Valued Contributor

Re: Can Someone Please Explain This (Equifax)

Is the their own scoring model? If it is, I wouldn't worry about it. I've never seen FICO use this comment before.


EQ 778 EXP 782 TU 729
Message 2 of 4
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New Contributor

Re: Can Someone Please Explain This (Equifax)


@medicgrrl wrote:
Is the their own scoring model? If it is, I wouldn't worry about it. I've never seen FICO use this comment before.

That's a good point. Do you recommend I drop that account and just use what myFICO offers?

Starting EQ: 601 | EXP: 623 | TU: 637 (2/17)
Update 4/18/20: Current EQ: 760 | EXP: 708 | TU: 724

Goal EQ: 750 | EXP: 750 | TU: 750 (12/17)
Credit Card Debt Free Goal: March 2018

*NEW* Chase Sapphire Preferred $0 ($17,600) 4/18/20 | Chase Freedom Unlimited $0 ($5,500) | Chase Slate $0 ($2,100) | PNC Visa $11,100 ($12,500) | Citi Costco $0 ($5,500) | Citi Simplicity $0 ($2,700) | Discover It $0 ($8,000) | Barclay Card NFL Extra Points $0 ($12,000) | Marvel Mastercard $0 ($6,000) | Nordstrom Visa $0 ($17,000) | American Express Every Day $0 ($3,000) | Bayport Credit Union $6,876 ($7,500) | American Express Delta $700 ($12,000) | Macy's $601 ($5,000) | JC Penney $0 ($3,500) | Synchrony Amazon $2,728.40 ($6,500)
Message 3 of 4
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Valued Contributor

Re: Can Someone Please Explain This (Equifax)

I definitely recommend monitoring your FICO scores... whether it's here or thru another site. To monitor your credit only, you can sign up for free sites like Credit Karma and Wallethub....just ignore their score's. Depending on how often you want to see your scores, there are various ways to obtain them for little money. Do you have any open accounts that give you free FICO scores?


EQ 778 EXP 782 TU 729
Message 4 of 4
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