@Anonymous wrote:I think we've discussed this in the past, but are there any circumstances where a charge card would be viewed differently than a typical credit card under any FICO scoring models?
Most assuredly - if the charge card is coded as a charge card and there is no guarantee on coding.
Personally I can only speak to my AMEX NPSL charge card as follows:
1) Classic Fico 98 and the associated industry enhanced versions factor in B/HB in scoring. This was VERY evident when EX Fico 98 scores took a 25 hit after I posted an AMEX balance greater than the previous high balance. This results in a new HB such that => (new B)/(new HB) = 100%. No score drop on any of the more recent Fico 04, Fico 8 or Fico 9 models. (this is to be expected because NPSL charge card "utilization" is ignored in later Fico models)
2) Experienced a score drop on all my Fico 8 industru enhanced scores when only my AMEX card reported a balance on a 3B report. This is because the charge card WAS NOT included in revolving CC activity. The reason statements on EX score 2 associated with 100% AMEX B/HB with no other cards reporting were:
Again, my AMEX charge is not truely revolving credit thus the 2nd statement. However, as mentioned above, EX Fico score 2 (Fico 98) looks at B/HB and the displayed "heavy use" reason statement was presented, IMO, because it represents the best fit for 100% B/HB. This heavy use statement was only associated with Fico 98 model scores on the 3B report.
