All Zero balance = 13 point score drop -- An experiment report

[barca]

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@barca wait a minute is that your 5/4 reason codes? If so, yes you are receiving a point loss for having all revolvers at zero! Once a small balance reports the scores will go up!

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The pic I showed above is dated 11/14/2020.

I ran another 3B report on 12/8/2030 

with AZEO 7% utilization 

I got same results with same reason codes

[Anonymous]

What type of card/account did you use for AZEO?

[barca]

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@Anonymous wrote:

What type of card/account did you use for AZEO?

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I normally use my BAC cash rewards for AZEO.

credit limit = 99.9K

balance reported  = 7K

or maybe because of the high limit - it is ignoring the card?

remember this thread -- question about high credit lines excluded from FICO8 scoring 

[Anonymous]

If it's a mortgage score, yes I believe it is being excluded.  I believe BM puts the max CL somewhere in the $26k-$29k range or so as highest you can go before it gets ignored.  If you try switching that AZEO card to major bankcard with a limit lower than that I think your points would return.

[Anonymous]

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@barca wrote:

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@barca wait a minute is that your 5/4 reason codes? If so, yes you are receiving a point loss for having all revolvers at zero! Once a small balance reports the scores will go up!

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The pic I showed above is dated 11/14/2020.

I ran another 3B report on 12/8/2030 

with AZEO 7% utilization 

I got same results with same reason codes

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@barca please tell me what card is being used for AZEO and what's it's credit limit, because it's being excluded.

is it above $35,000 credit limit?

[Anonymous]

@barca I responded before I read the subsequent posts. Yes that card is being excluded, you are receiving an AZ loss. You need to use a card with a credit limit under $26,000. And watch the points come when it reports!

[Anonymous]

Utilization is really irrelevant, it goes by revolving balances, I believe, and cards with a credit limit over $26,000 may be excluded from mortgage score revolving balances. 

[Anonymous]

@barca actually for 5/4 it's $35,000 and above, but for EX2, the cut off is somewhere between $26,000 - $29,000.

[HeavenOhio]

When I hit all cards at zero back in the spring of 2019, my scores dropped an average of 22 points. The smallest drop was 3 points, and the largest drop was 48 points. One score gained 4 points.

Score: All zero vs. $15 on one card

Equifax 04 (FICO 5) Classic: 806 vs. 810 (4 point loss)

Transunion 04 (FICO 4) Classic: 797 vs. 808 (11 point loss)

Experian 98 (FICO 2) Classic: 815 vs. 825 (10 point loss)

Equifax 04 (FICO 5) Auto: 825 vs. 828 (3 point loss)

Transunion 04 (FICO 4) Auto: 798 vs. 809 (11 point loss)

Experian 98 (FICO 2) Auto: 786 vs. 807 (21 point loss)

Equifax 04 (FICO 5) Bankcard: 813 vs. 819 (6 point loss)

Transunion 04 (FICO 4) Bankcard: 827 vs. 840 (13 point loss)

Experian 98 (FICO 2) Bankcard: 830 vs. 845 (15 point loss)

Experian 04 (FICO 3) Bankcard: 817 vs. 813 (4 point gain)

Equifax FICO 8 Classic: 783 vs. 815 (32 point loss)

Transunion FICO 8 Classic: 778 vs. 815 (37 point loss)

Experian FICO 8 Classic: 782 vs. 807 (25 point loss)

Equifax FICO 8 Auto: 751 vs. 784 (33 point loss)

Transunion FICO 8 Auto: 773 vs. 821 (48 point loss)

Experian FICO 8 Auto: 753 vs. 789 (36 point loss)

Equifax FICO 8 Bankcard: 796 vs. 827 (31 point loss)

Transunion FICO 8 Bankcard: 790 vs. 832 (42 point loss)

Experian FICO 8 Bankcard: 798 vs. 826 (28 point loss)

Equifax FICO 9 Classic: 810 vs. 832 (22 point loss)

Transunion FICO 9 Classic: 794 vs. 817 (23 point loss)

Experian FICO 9 Classic: 798 vs. 820 (22 point loss)

Equifax FICO 9 Auto: 824 vs. 847 (23 point loss)

Transunion FICO 9 Auto: 798 vs. 825 (27 point loss)

Experian FICO 9 Auto: 808 vs. 834 (26 point loss)

Equifax FICO 9 Bankcard: 816 vs. 843 (27 point loss)

Transunion FICO 9 Bankcard: 805 vs. 829 (24 point loss)

Experian FICO 9 Bankcard: 810 vs. 832 (22 point loss)