AZEO at < 8.9% vs < 28.9%?

[Anonymous]

There may also be a small ding between a $3 balance reported and an 8% balance reported (on one card).  It is VERY profile dependent.

AZEO matters less as your scorecard age grows more, it seems.

I get a ding from each step from $3 -> 8% -> 9% -> 28% on one card but it isn't very much.

Also, 28% on one card doesn't tell you what your aggregate utilization is at all, so that may have an effect on things.

[Anonymous]

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@Anonymous

I get a ding from each step from $3 -> 8% -> 9% -> 28% on one card but it isn't very much.

Also, 28% on one card doesn't tell you what your aggregate utilization is at all, so that may have an effect on things.

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So, with aggregate utilization remaining ideal, you see a ding if your AZEO card crosses the 8.9% threshold?  That's what I'm really after with this thread.  If you do see a ding, can you quantify it?  I've heard some people reference a ding for crossing that threshold on their AZEO card, but there are definitely others like TT for example that have said in the past that they receive no ding until crossing 28.9% on that one card.  Again, aggregate utilization being a constant here (not a variable).

[Anonymous]

If we are talking about single card balance utilization moving from 8% to 9%, your aggregate utilization must be equal to or less than that number.  But moving from 28% to 29% on a single card might mean an aggregate utilization that is above or below 8.9% so it is variable based on how many cards you have and your total CLs.

Also, store card balances affect AZEO differently than bankcard balances, for sure.  If I leave $3 on only Amazon store card versus $3 on Discover, I get dinged on the Amazon balance but not on the Discover balance.

I went from 8.8% on Discover one month to 9.1% and got dinged for something like 4 points or so.  Then I paid Discover down to 8.8% again and messaged them to update my reports (they did) and I got the 4 points back a few days later.  So that was my threshold on that scorecard at that time.

Last month I had a card report 28% by accident due to my AU's big pending charge dropping off (so we couldn't pay it) and then posting on statement date.  My score dropped maybe 6 or 8 points for that, but my aggregate utilization was only 4% or something, so my single high utilization had very little effect.  The new statement cuts the 23rd and will be reporting $3 balance this month, so I should be able to see what effect it has this month because it reports at a time when no other cards updates.

I do know that friends with very high scorecards (AoOA is super old, like 20+ years) have no effect from utilization up to 28% -- they can report $3 or 8% or 10% or 28% and their scores don't seem to ding at all.  My oldest account is either 6 years or 10 years depending on CRA and I definitely see a ding going from 8 to 9%.

[Remedios]

I don't know if this helps, AZEO card went from 10% to 12%, 3 point ding on Experian. Aggregate changed from 4% to 5%.

[Anonymous]

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@RemediosI don't know if this helps, AZEO card went from 10% to 12%, 3 point ding on Experian. Aggregate changed from 4% to 5%.

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That's an odd point to experience a ding.  I can't say I've heard of that before!

[Remedios]

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@Anonymous wrote:

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@RemediosI don't know if this helps, AZEO card went from 10% to 12%, 3 point ding on Experian. Aggregate changed from 4% to 5%.

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That's an odd point to experience a ding.  I can't say I've heard of that before!

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I thought so, too. Maybe it's more sensitive to balances on a really young files. I only have real time access to Experian data, so I cannot tell you if TU and EQ dropped also. 

[HeavenOhio]

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@Remedios wrote:
I don't know if this helps, AZEO card went from 10% to 12%, 3 point ding on Experian. Aggregate changed from 4% to 5%.

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I saw a ding last year at well under 8.9% aggregate utilization. The ding occurred at slightly above 5%. Before that, balances were slightly below. Bringing my balance down brought me back to exactly the same scores as before the ding.

[Anonymous]

Anyone else test the 8.9% threshold specifically and receive (or not receive) a ding?

[Anonymous]

Going to just use my Experian to make it simpler.  Current score is 646.  Currently have overall utilization of exactly 10% on 6 accounts. 2 accounts are reporting a balance.

I did not receive a score increase when going under 28.9% util, but now that i'm at 10%, I decided to pay off my last major balance of $576.  This will leave just one balance on all 6 accounts on my Amex Everyday (balance of $58).  So AZEO.  Any ideas on what type of score increase i'll see once the $0 balance reports?  I have 3 paid collections from 4-5 years ago.

[Anonymous]

If you're at 10% utilization prior to the paydown and will be landing at low single-digit aggregate utilization, I'd venture to guess you'd gain somewhere around 20 points by crossing the 8.9% aggregate threshold... say 15-25 as a range.  I'd probably lean toward the higher end of the range, as if your balance on the card you paid off was high (utilization percentage wise) you'd not only get a gain from the aggregate utilization drop, but also from taking your balance down significantly on the single trade line.  What was the limit on the card with the $576 balance that you paid off?  It looks like you have a bunch of cards with relatively low limits, so that payoff could have been a significant percentage.