You've all left me behind, dammit! My HELOC reports in different sections, but it sometimes is included in my revolving util, and sometimes in mortgage:
EQ:
Please make this make sense for me!!!
And I still haven't heard what the coming change is all about!
EQ:
Your revolving accounts [?] $381EX:
Your mortgages [?] $92,831 --- HELOC
Your installment loans [?] $1,636
Largest past balance [?] $50,000 (this is incorrect!!)
Credit Type [?] Revolving --- *BUT* is not counted in util on screen 2
Account holder [?] Individual
Scheduled payment amount [?] $0
Descriptions [?]
* Home equity
* Line of credit
Your revolving accounts [?] $2,399 --- HELOCTU (had not posted two payments when I pulled, grrrr):
Your mortgages [?] $90,813
Your installment loans [?] $1,636
Account type [?] Credit Line Secured, Revolving
Credit limit [?] $50,000
Largest past balance [?] $3,056
Credit Type [?] Revolving
Account holder [?] Individual
Your revolving accounts [?] $518
Your mortgages [?] $92,831 --- HELOC
Your installment loans [?] $2,044
Account type [?] Home Equity Loan --- *BUT* counted in util on screen 2
Credit limit [?] $50,000
Largest past balance [?] $3,056
Credit Type [?] Overdraft/Reserve Checking Account
Account holder [?] Individual Account
Please make this make sense for me!!!
And I still haven't heard what the coming change is all about!
Seems TU is stuck on an old version of the Fico that counts open accounts in utl- WHAT a RIP off huh?
They way I understand it is EX and EQ are using versions new enough to know the difference. All of the newer versions do not calculate open accounts in UTL.
BTW- I intentionally posted this to confuse the heck out of you!!!!!!!!!!!
They way I understand it is EX and EQ are using versions new enough to know the difference. All of the newer versions do not calculate open accounts in UTL.
BTW- I intentionally posted this to confuse the heck out of you!!!!!!!!!!!
@haulingthescoreup wrote:
You've all left me behind, dammit! My HELOC reports in different sections, but it sometimes is included in my revolving util, and sometimes in mortgage:
EQ:Your revolving accounts [?] $381EX:
Your mortgages [?] $92,831 --- HELOC
Your installment loans [?] $1,636
Largest past balance [?] $50,000 (this is incorrect!!)
Credit Type [?] Revolving --- *BUT* is not counted in util on screen 2
Account holder [?] Individual
Scheduled payment amount [?] $0
Descriptions [?]
* Home equity
* Line of creditYour revolving accounts [?] $2,399 --- HELOCTU (had not posted two payments when I pulled, grrrr):
Your mortgages [?] $90,813
Your installment loans [?] $1,636
Account type [?] Credit Line Secured, Revolving
Credit limit [?] $50,000
Largest past balance [?] $3,056
Credit Type [?] Revolving
Account holder [?] IndividualYour revolving accounts [?] $518
Your mortgages [?] $92,831 --- HELOC
Your installment loans [?] $2,044
Account type [?] Home Equity Loan --- *BUT* counted in util on screen 2
Credit limit [?] $50,000
Largest past balance [?] $3,056
Credit Type [?] Overdraft/Reserve Checking Account
Account holder [?] Individual Account
Please make this make sense for me!!!
And I still haven't heard what the coming change is all about!
Well, it worked, you turkey!
@Anonymous wrote:
Seems TU is stuck on an old version of the Fico that counts open accounts in utl- WHAT a RIP off huh?
They way I understand it is EX and EQ are using versions new enough to know the difference. All of the newer versions do not calculate open accounts in UTL.
BTW- I intentionally posted this to confuse the heck out of you!!!!!!!!!!!
So maybe, maybe, when I start knocking holes in my walls, my scores won't be punished by using the HELOC? Except by TU, of course.
Yes! And the same will go for your 60K CCs.
@haulingthescoreup wrote:
Well, it worked, you turkey!
@Anonymous wrote:
Seems TU is stuck on an old version of the Fico that counts open accounts in utl- WHAT a RIP off huh?
They way I understand it is EX and EQ are using versions new enough to know the difference. All of the newer versions do not calculate open accounts in UTL.
BTW- I intentionally posted this to confuse the heck out of you!!!!!!!!!!!
So maybe, maybe, when I start knocking holes in my walls, my scores won't be punished by using the HELOC? Except by TU, of course.
@fused wrote:Sweet Deal indeed! The same will happen with CCs reporting very large CLs on some CRs but it depends on the version being used.
r>Hmmm. I have a cc with a higher CL than I have spent on my HELOC
Message Edited by MidnightVoice on 11-13-2007 10:28 PM
Liar!
MidnightVoice wrote:
fused wrote:Sweet Deal indeed! The same will happen with CCs reporting very large CLs on some CRs but it depends on the version being used.
r>Hmmm. I have a cc with a higher CL than I have spent on my HELOC
Message Edited by MidnightVoice on 11-13-2007 10:28 PM
You don't have a CC with a limit like this. Or do you?