Difference in UTL

[Azumi1]

I checked my equifax report a few days ago and they have my util at 19%, Myfico has it at 24%. Anyone have any thoughts on why? 

[rckstrscott]

---

@Azumi1 wrote:

I checked my equifax report a few days ago and they have my util at 19%, Myfico has it at 24%. Anyone have any thoughts on why? 

---

So your Equifax report is showing 19 percent, and your Equifax report on MyFico is showing 24%?

Likely the MyFico report hasn't updated to the same report EQ is showing..

-scott

[Azumi1]

There are a few balances that have updated, but the amounts should not make that much of a difference.

[rckstrscott]

---

@Azumi1 wrote:
There are a few balances that have updated, but the amounts should not make that much of a difference.

---

Do you have any negatives like a charge off showing? 

Sometimes the different consumer reports will use differnet information to create the util precentage

-scott

[Azumi1]

2 from hsbc, from 2009.

[rckstrscott]

---

@Azumi1 wrote:
2 from hsbc, from 2009.

---

Are there balances on the charge offs? This could be a reason one would had a differnet report than another..

Either way, you should always use your own math to figure out utilization. Never trust a website to provide you with such key information.. 

-scott

[Azumi1]

Balances showing on both on EQ and Myfico.

[rckstrscott]

---

@Azumi1 wrote:
Balances showing on both on EQ and Myfico.

---

Yeah I don't know why it is different.. thats all I got!

Maybe someone else will chime in

-scott

[Azumi1]

LOL. It's ok. No worries, just curious.