@Anonymous wrote:
@SouthJamaica wrote:
If anyone with a totally clear, non-buffered, inactive profile can figure out a way to test it, I would be pleased to see the results. But I don't know how you could meaningfully test it, since in aggregate revolving utilization any increase in balances would increase both raw dollar amounts and the percentage.
There are a couple of ways one can distinguish raw dollars from percentages.
1) From 11/13/19 to 11/14/19 there was exactly one change on my Ex CR: The balance on one card increased from $293 to $640. As a result my total revolving balance changed from $7829 to $8076 and my Agg Util from 2.389% to 2.465%. My Ex Fico 3 dropped 8 points on that day. In this case the score change seems to be caused by a $8000 treshold in "Total Revolving Balance" rather than by a change in Agg Util.
2) Suppose for simplicity your total credit limit is $100,000 and your total revolving balance changes from $5600 to $6400 and say your Ex 8 score drops. This could be due to the raw dollars crossing $6,000 or the agg util crossing 6%.
Assume sometime later that your total credit limit has increased to $110,000, your total revolving balance changes from $6200 to $5800 and your Fico 8 does not change. Then it seems that $6,000 is not a threshold and that previous change in Ex 8 was caused by a 6% threshold in Agg Util. (But since time has passed by, your profile might have changed and $6,000 might have been a threshold, but no longer is)
From your posts its seems that you are pulling your Experian CRs and scores regulary. So if you look over all that data and compute Total Balance, Total Revolving Balance and Agg Rev Util you might to able to figure out whether your changes are due to raw dollar or util.
But you should also be aware that it is not always clear which accounts to include in your calculation. I, for example, have credit unions cards, AU cards and a Heloc, and I'm not sure which of these accounts should be included. So I wrote a spread sheet which lets me compute all the metrics for the different possible sets of accounts. Closed accounts with balances also might cause problems.
@Anonymous Good info and you're correct that you gotta figure whats counting in order to do anything.
Btw, in the above example, bolded, it could not be ag util, as both are 3% to the algorithm.
The 2nd bolded part is most important. Unless things have changed, my understanding is SJ does not compute utilization and instead uses Experian's frontend calculations. Consequently, its impossible to determine anything, cuz the utilization numbers he's using aren't those being used by the algorithm. Correct me if I'm wrong @SouthJamaica.
