Well, this is a real bummer. I usually pay my NFCU payment on the statement date, so that it reports a zero balance. I specifically wait until the statement date, so that I'm sure I'm paying everything and no new charges show up that report on the statment. This month, I messed up. I didn't realize that the statement date was on the weekend, and by the time I realized that on Saturday, there was no way for me to make the payment before the statement cut and reported to the CRBs.
I was expecting my FICO to drop, but this is a massive drop. I got my SW alert today, and my score dropped from 685 to 661. 
My bal was just over $1200 and my CL is $2000. I pay for all of my monthly expenses that I can on here, so that I can get the 1% cash back. So, that's about 60% util on one CC. All other CCs are 0, except for $400 bal on my $2200 Barclay's card. I know the score will bounce back next month, because I'll be SURE to pay on stmt date and will definitely watch those darned weekends in the future! 
I'm trying to look at this as an experiment, but still... really sad to see my score drop so significantly just from a balance reporting! 
Werd, didn't you just get your two lovely Amex cards anyway? 
Just fix it next month and go on with life, nothing to worry about. I've also been fiddling with reported balances, I get a EQ Beacon 5 FICO from my CU on basically the first of each month, so I zero'd out my current cards just to see: last month was a 571 at around 50% utilization we'll see if this month brings any goodies!
Yeah. I don't think the statement had reported when I apped. According to SW, I think it reported a couple of days later. I guess I just got really lucky -- kind of. Definitely learned what NOT to do! 
@Revelate wrote:Werd, didn't you just get your two lovely Amex cards anyway?
Just fix it next month and go on with life, nothing to worry about. I've also been fiddling with reported balances, I get a EQ Beacon 5 FICO from my CU on basically the first of each month, so I zero'd out my current cards just to see: last month was a 571 at around 50% utilization we'll see if this month brings any goodies!
I kind of did the same thing in Oct/Nov. I was p-o'd at Cap One and I have 0%, so I thought, what the heck, I'll let balances report and just make min pmt for a month, to see if that might trigger a CLI. (In my dreams, maybe ) My score dropped. In Dec. I PIF both CCs and my score came back.
Based on that and this NFCU, I wouldn't be surprised if you gained a good 20 to 30 points. You might even break 600! 
@bichonmom wrote:
@Revelate wrote:Werd, didn't you just get your two lovely Amex cards anyway?
Just fix it next month and go on with life, nothing to worry about. I've also been fiddling with reported balances, I get a EQ Beacon 5 FICO from my CU on basically the first of each month, so I zero'd out my current cards just to see: last month was a 571 at around 50% utilization we'll see if this month brings any goodies!
I kind of did the same thing in Oct/Nov. I was p-o'd at Cap One and I have 0%, so I thought, what the heck, I'll let balances report and just make min pmt for a month, to see if that might trigger a CLI. (In my dreams, maybe
Based on that and this NFCU, I wouldn't be surprised if you gained a good 20 to 30 points. You might even break 600!
Quite possibly, I was basically at 600 according to a pull from here before I started my somewhat crazy plan to establish credit history with a whole slew of tradelines: six in total. I'm definitely not expecting anything substantially above that, maybe 610 at the outside before I get six months on my tradelines. Ah, the waiting game, how... dull.
Haha, I opened 4 new tradelines in feb, 1 mortgage, 1 Amex, 1 chase visa platinum, 1 amazon store card
Then I put a security freeze on my files. I know my scores will tank, I'm just waiting to see how much after these new TLs report
Then I put a security freeze on my files. I know my scores will tank, I'm just waiting to see how much after these new TLs report
FICO 8: 
Goal: Gardening!
Goal: Gardening!
Yeah, thank goodness for that. I am constantly paranoid that I'm going to forget a due date!
One interesting tidbit: Right before my Navy CC reported, my other CU VIsa CLI reported (from $500 to $2500), so even with the Navy balance reporting, my overall avail credit still increased by about $750 ($2000 CLI - $1250 NFCU bal). And yet, because of the balance reporting my score tanked.
FICO is a strange beast!