@mongstradamus wrote:
@Revelate wrote:
@mongstradamus wrote:So i was curious what score i was getting here on SW , so i pulled fico score directly from equifax. It looks like i am still getting my EQ04 from SW because the scores from sw and eq are exactly the same. Oh well i guess i should be expecting an big drop when SW switches over to EQ08?
Edit: clarity, Equifax not Transunion --Rev
Hard to tell given you have 1 '08 score at a 760 and another at a 800.
I am pretty bummed about my Ex08 score dropping 20 points , when the only thing that has changed is i let 1 card report with only 3 dollars reporting. Doesn't that get rounded up to 1% utilization ? I was really hoping for my EX to be over 800 like my other two scores, so i could think about apping for fidelity amex card, but it looks like now i will wait till fall to think about applying for it if at all
Sigh, I just got approved for the Fidelity Amex with a 680ish EX FICO '08 last month.
Your credit score is gold-plated anyway, stop worrying about that: whether you're at a 760, 780, or 800 is completely irrelevant for the underwriting process in every single credit or loan product currently in all of human existence. Whether you'll be approved or not will be based on your income, assets, and similar factors... you more than clear the FICO hurdle.
I think this forum has done you a disservice somewhere: much like people that can't control their application addiction, being this worried about your scores as intimated in the majority of your recent postings likely isn't healthy.
@Revelate wrote:
@mongstradamus wrote:
@Revelate wrote:
@mongstradamus wrote:So i was curious what score i was getting here on SW , so i pulled fico score directly from equifax. It looks like i am still getting my EQ04 from SW because the scores from sw and eq are exactly the same. Oh well i guess i should be expecting an big drop when SW switches over to EQ08?
Edit: clarity, Equifax not Transunion --Rev
Hard to tell given you have 1 '08 score at a 760 and another at a 800.
I am pretty bummed about my Ex08 score dropping 20 points , when the only thing that has changed is i let 1 card report with only 3 dollars reporting. Doesn't that get rounded up to 1% utilization ? I was really hoping for my EX to be over 800 like my other two scores, so i could think about apping for fidelity amex card, but it looks like now i will wait till fall to think about applying for it if at all
@Anonymous @obsession, I just got approved for the Fidelity Amex with a 680ish EX FICO '08 last month.
Your credit score is gold-plated anyway, stop worrying about that: whether your'e at a 760, 780, or 800 is completely irrelevant for the underwriting process in every single credit or loan product currently in all of human existence. Whether you'll be approved or not will be based on your income, assets, and similar factors... you more than clear the FICO hurdle.
I understand 760+ is as high as you need to get, i am just wondering why it went down so much when i actually reduced my utilization, I went back to check , it did report 1% utilization , so i am just at an loss .
@mongstradamus wrote:I understand 760+ is as high as you need to get, i am just wondering why it went down so much when i actually reduced my utilization, I went back to check , it did report 1% utilization , so i am just at an loss .
1% is not optimal for anyone in particular's report: many users experience a higher score at 4% or 5% or whatever, and it's individual to the actual report in question and as such requires testing by the individual.
In your case at such absurdly high scores anyway, any "negative" change, no matter how laughable it'd be at my credit strata, is magnified enormously. In your case just figure out what your utilization was last month, go make certain that reports again, and see if your score recovers.
@Revelate wrote:
@mongstradamus wrote:I understand 760+ is as high as you need to get, i am just wondering why it went down so much when i actually reduced my utilization, I went back to check , it did report 1% utilization , so i am just at an loss .1% is not optimal for anyone in particular's report: many users experience a higher score at 4% or 5% or whatever, and it's individual to the actual report in question and as such requires testing by the individual.
In your case at such absurdly high scores anyway, any "negative" change, no matter how laughable it'd be at my credit strata, is magnified enormously. In your case just figure out what your utilization was last month, go make certain that reports again, and see if your score recovers.
Okay thanks I will let something closer to 5% report and see if that makes any difference
I just got the "Upgrade message" saying that I have been upgraded to the newest model. My score jumped from 662 to 689. 27 point increase. Although I like to see the score higher, it doesn't really do much in respect to me being seen as less risk to creditors as nothing in my profile changed. But a 27 points increase - yeah I'll take it.
