Help me guess my score drop

[CaneVariant]

I know they chant this over on reddit but I have to ask if you think a CLI is worth potentially "triggering" other lenders (specifically AMEX since it seems you are a big fan) like @JoeRockhead suggests? IME following @JoeRockhead's advice is the way to go. With regards to C1 I focused all spend with them for 4 months @~50% utilization. I was rewarded with a great limit on my VX. I am going to guess 80 pt drop but no "bonus AA" from your other lenders. Way to be your DP

[CaneVariant]

I apologize, I just realized your aggregate is less than 29% so the hit won't be 80 points bad maybe closer to 40.

[JoeRockhead]

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@SRT4kid93 wrote:

@FicoMike0 

there's probably thousands of threads on the exact topic on Reddit. And all of their "top 1% commenters" repeat the message as well. (Their top 1% commenters is Reddit's version of community leaders/credit mentors)

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So, if you hear misinformation enough times does that simply make it true?  No.  No matter how many times you try to rationalize, or argue this position, it's still false. There is no more weight given by lenders for allowing a balance to post. 

As I've pointed out to you before in a previous  post, I've also seen them say repeatedly that you can use 100% of your CL as long as you PIF by the due date you'll be all good... that might be true for people with well established, thick profiles to a degree.  For those with young, thin profiles it's just asking for trouble IMO.  

I've also seen them scold people when Heaven forbid someone inquires about paying their balances before the statement cuts.  But, we all know it's a proven way to positively manipulate scores.  With trending scores like Fico 10T and VS4 likely to become more prevalent, establishing a trend of lower reported utilization and subsequent higher scores is nothing but a good thing.  

Do, and believe as you please @SRT4kid93, but you should consider that some of those folks love to hear the clacking of their own keyboards above all else. 

[SRT4kid93]

@JoeRockhead 

No I appreciate you, I just wasn't sure what to believe specially when it comes to capital one. For 99.9% of the lenders out there I know you are 100% correct. Big balances, are bad.

it's like you said. You saying you don't need to let balances post doesn't make it true and someone else saying you should let balances post to see the most lucrative results doesn't make them correct. 

so I came here to try to get a gauge because i trust this forum more than Reddit. And yea, I know we have talked about this before, and you convinced me in the past, but then I got denied for an increase with that cryptic denial code, and I got confused all over again. So I just think I needed some more reassurance, as I have a bad habit of second guessing myself. 

[FicoMike0]

@SRT4kid93 

If you do run your account to 90% and then do get a big cli, that would be a big data point! Likewise if they decline, I guess. Maybe you can contribute some original science here. I would love to know the answer for sure.

My last Capone cl I was $300, lol. I have been putting a lot of spend on savor, but for me, a lot is 15%. I'm not a big spender. Maybe when my annual car insurance comes due, I'll put it on savior.