DP's on Utilization

[Anonymous]

Hey all, just wanted to share some interesting data points on recent changes to my utilization that some people may find useful. It lends credence to the understanding of total & individual utilization. The situation is as follows; my EX Fico 8 was recently 668. Utilization was sitting at 40% overall, between two cards. One had a $4500 limit, one has $500. The lower limit card was at $411/$500, and I was just waiting for Chase to report since I had just paid the card down. When the report hit Experian, my score went up 35 points. The overall utilization dropped to 32%, so not a major jump. However, now I only had one card reporting a balance, 35% utilization, weighed against that 8% change in overall utilization. I know that there are probably other contributing factors, however, I thought I'd share.

[Anonymous]

You got a number of things happening here. 

You had aggregate utilization of 40% which crossed the 8.9% and 28.9% thresholds then you had the single card cross the 28.9%, 48.9% and 68.9% utilization thresholds. 

Your other card should provide another boost when it gets down from 35.6% to 28.9% as well. 

[Anonymous]

The aggregate had actually just come down from 92%, but it was stationary a 668. From 668 to 703 the only two things that changed were the aggregate crossing 38.9 as well as the thresholds on the single $500 limit card. I know the other things going on, just wanted to share since it was a pretty significant jump.