1 card from 89% to 48% --> +26 points!

[SouthJamaica]

I knew that having a maxed out individual account utilization situation was bad, but I didn't realize how bad. One card just went from 89% to 48%, and EX FICO 8 jumped 26 points. It no doubt would have been even higher had not several other cards increased their utilization significantly the same day.

[TheFIGuy]

---

@SouthJamaica wrote:

I knew that having a maxed out individual account utilization situation was bad, but I didn't realize how bad. One card just went from 89% to 48%, and EX FICO 8 jumped 26 points. It no doubt would have been even higher had not several other cards increased their utilization significantly the same day.

---

I'm sure when you drop below 30% individual account utilization it will be another BIG bump! 

[Anonymous]

SJ, was the aggregate utilization drop a non-factor outside of the individual account?

[SouthJamaica]

---

@TheFIGuy wrote:

---

@SouthJamaica wrote:

I knew that having a maxed out individual account utilization situation was bad, but I didn't realize how bad. One card just went from 89% to 48%, and EX FICO 8 jumped 26 points. It no doubt would have been even higher had not several other cards increased their utilization significantly the same day.

---

I'm sure when you drop below 30% individual account utilization it will be another BIG bump! 

---

No, it won't be, because utilization on some other cards is poor too.

[SouthJamaica]

---

@Anonymous wrote:

SJ, was the aggregate utilization drop a non-factor outside of the individual account?

---

There wasn't an aggregate utilization drop, because the same day some other accounts increased. So yeah it was definitely not a factor since it didn't even happen

[Anonymous]

Nice Datapoint SJ, it does seem a little high doesn’t it? Wow!

[SouthJamaica]

---

@Anonymous wrote:
Nice Datapoint SJ, it does seem a little high doesn’t it? Wow!

---

Yes it really does.

And it confirms my view that percentages are much more important than dollar amounts, because (a) this was one of my smaller accounts and  (b) my aggregate utilization actually increased that day.

PS It appears that the corresponding gain in EQ FICO 8 was 19 points. 

[Thomas_Thumb]

I don't think all percentages are created equal. A max out condition is awarded "special" status - IMO. A 20 point increase going from max out territory to under 50% seems reasonable to me if no other cards were above 50%.

However, if you still have a few other cards above 50%, a 26 point gain attributable to this alone seems abnormally high.

[SouthJamaica]

---

@Thomas_Thumb wrote:

I don't think all percentages are created equal. A max out condition is awarded "special" status - IMO. A 20 point increase going from max out territory to under 50% seems reasonable to me if no other cards were above 50%.

However, if you still have a few other cards above 50%, a 26 point gain attributable to this alone seems abnormally high.

---

No others over 50% but several others at 48% or thereabouts.

[Anonymous]

Did you look at aggregate dollars outside of aggregate percentage?

For example, aggregate percentage may move from 6.8% to 6.1% for someone with $160k in overall limits... percentage wise that is clearly insignificant.  Dollars wise however, that move would cross $10k in aggregate balances.  If $10k were a threshold (not saying it is, just a sake of numbers conversation) it could possibly impact score.