I'm putting this under CC's since that's where the increase came from.
CLI $15,000 --> $15,500
UTI $0 --> $445 (2% UTI)
My mind is completely blown how such small changes can cause a 20 point increase on a FICO. All from my Navy Go.. my Cap1 QS & AmEx BCE hasn't even been reported yet.
@SFLSpotter9210 wrote:
Amazing huh? I just don’t get it. I pay down my balances and nothing. Then out of the blue my score goes up 18 points lol. Congratulation’s on the boost keep it going.
I just got the EQ notification as well and the updates did nothing for my score. Lol. That's even more confusing. I so don't understand how the score models work. If a CLI and small ultilization report a 20 pt increase on 1 CRA, why shouldn't it be a 20 pt increase on all CRA's?
@Anonymous wrote:The boost is from going from $0 to something.... the CLI doesn't do much.
Prime example of shooting for $0 and hitting your foot when it comes to scores vs just using and reporting a balance somewhere monthly.
Do you know why EQ wouldn't also report a score boost if it's receiving the same info?
@Caught750 wrote:
First off; each CRA uses their own algorithms and are sensitive to different things. This shouldn’t be the case with going from 0% Util to 2% Util, you’ll see some increase across the board, though it may be slightly +/- 20 points. Secondly; I’ve noticed that MyFICO can be delayed
in updating scores with updates. Not sure what it is but it happens sometimes. Don’t worry it’ll increase, or perhaps I should say it already has and myFICO will catch up.
CRAs (EX, EQ, TU) are merely Data Warehouses where all of our credit data are being reported to and kept. The FICO score that we get is from another company called Fair Isaac and Co. (FICO) which runs their proprietary scoring model every time a score is sought either by us or by businesses. The difference that we see in our scores in each CRA is not the variation of Algorithms but the variations of data reported to and kept by each CRA. That's why it's imperative that we as consumers always check our reports for inaccuracies.
@Hut1 wrote:I'm putting this under CC's since that's where the increase came from.
CLI $15,000 --> $15,500
UTI $0 --> $445 (2% UTI)
My mind is completely blown how such small changes can cause a 20 point increase on a FICO. All from my Navy Go.. my Cap1 QS & AmEx BCE hasn't even been reported yet.
CONGRATS!!! but I think you took my 20 pts HAHAHAHAH LOL Paid off all my credit cards and my scores dropped 20 pts SMH!
@Anonymous wrote:
@Hut1 wrote:I'm putting this under CC's since that's where the increase came from.
CLI $15,000 --> $15,500
UTI $0 --> $445 (2% UTI)
My mind is completely blown how such small changes can cause a 20 point increase on a FICO. All from my Navy Go.. my Cap1 QS & AmEx BCE hasn't even been reported yet.
CONGRATS!!! but I think you took my 20 pts HAHAHAHAH LOL Paid off all my credit cards and my scores dropped 20 pts SMH!
LOLLLLL!!!! I just saw your post!!! I think I did take them. 