@FICOFreedom wrote:
The alert was for a score increas, the reason was the HLOAN... I do not have a home loan... I do not have a house!
I know. It doesn't refer to any accounts you have. Pull up your SW account. Once you go in, you'll see 5 tabs across the top. One is listed as "What It Means To You". Click on that tab. You'll then see 3 hypothetical interest rates based on your current score: 30 year mortgage, 15 yr home equity loan, and 48 month auto loan. When you sign up to SW and as part of the service, you have the option to follow, if you want to, hypothetical interest rates based on your current score. SW defaults to "30 year mortgage". It doesn't imply that you have or will ever have a mortgage, it's there to compare your score and offers up an idea of what your interest rate could possibly look like if you applied for a mortgage today. It's a feature. You can ignore it (I do). The SW alert indicated an increase, but also let you know that because of the interest rate, if you ever applied for a mortgage right about now, then you could expect a lower rate because of the increase.
BTW, the reason for the increase wasn't due to their hypothetical (HLOAN). Something else caused EQ to increase. It could be any number of things like lower util, TLs not impacting you as much, rebucketing, baddie falling off, etc.
