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126% utilization to 1% and no change in score?

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mmunsee
Established Member

126% utilization to 1% and no change in score?

Am i missing something...? My utilization went from 126% to 1% with no change in my score?

Message 1 of 4
3 REPLIES 3
DollyLama
Established Contributor

Re: 126% utilization to 1% and no change in score?

How long ago did the 1% begin? Statements on accounts can take awhile to report, I paid off 2 in Feb, only 1 is currently reporting that amount decrease. Still waiting for the other CC to report as of today. Have also reduced balances on the other remaining 2 CCs, yet to report. 

Message 2 of 4
Anonymous
Not applicable

Re: 126% utilization to 1% and no change in score?

If these just hit your report yesterday or today, it takes about a day or so for the rescore to follow from the bureaus.

Message 3 of 4
SouthJamaica
Mega Contributor

Re: 126% utilization to 1% and no change in score?


@mmunsee wrote:

Am i missing something...? My utilization went from 126% to 1% with no change in my score?


Yes I am sure you're missing something.

 

Perhaps you want to give us the facts, and we can explain it.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 691 EX 682




Message 4 of 4
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