Is this normal?

[grneyes]

I had a 23 point jump in my EX score. The only thing that changed were 4 student loans coming out of deferral and I made the first payment. 23 points for deferrals? Or 23 points for the update showing paying as agrees? I am confused. Also, I am scheduled to go back to school in May... so they would automatically be deferred again, which doesn't have to happen (but I think it automatically does) because I can afford the payments, but will it lower my score if they are deferred again?

Also, I have a question about them, are they part of your util or is util only CC? They are technically student, installment loans so I was just wondering how they are considered. It wouldn't make sense to me for them to be considered as part of the util. Isn't util more revolving credit?

Message Edited by grneyes on 03-01-2008 02:25 PM

[Anonymous]

Welcome to the FICO Forums grneyes! I noticed you seem to be having some trouble posting. It is possible to edit your own post if you have posted an incomplete message. To edit your post, go to the post. To the right you'll see "Options." Click on "Options" and select "Edit Message" from the drop-down menu.  If you have accidentally posted a duplicate message, you can use the “Report Abuse to a Moderator” link to asking the moderation team to remove one for you. To find this link, go to the duplicate post, click on "Options," then select "Report Abuse to a Moderator" from the drop-down menu. If you need any help with anything, let me know.  Thanks for your contribution to the FICO Forums!

[grneyes]

No, I have a laptop and my fingers are too quick. I was editing when you replied. Thank you and I apologize.

[Anonymous]

Were they at 100% UTL prior to making a payment?

I got a little bump when I got my student loan off 100%.  

So the answer your question- yes installment loans have UTL that FICO factors in- the number of points is quite small-

I would put part/most of those 23 points to aging-

Message Edited by Timothy on 03-01-2008 06:40 PM

[grneyes]

Yes, they were at 100% util. They are anywhere from 3-4 years old, so the aging does make sense.

Thanks!