The consensus around here is that utilization has no memory and I've believed it. Now I'm not so sure. I had all my scores over 800 as in my sig, I have been running less than 2% utilization with a 1/3 reporting a balance with a 6% utilization on the one card. This had all my scores over 800. I got my timing off and in June they all reported a small balance and my scores went down into the 780-790 range on all three. I've since gone back to 1/3 reporting and the 6% card is now at 5%, but neither TU or EX has moved back up a single point. Does it take time to recover after getting hit with the number of revolvers reporting hit? I always thought from what I've read that they should have all recovered right when the revolvers got back in line. I don't know about EQ as I don't have a report for that one and don't feel like buying one just for this.
No there is nothing else new on any of my reports. The only thing that has changed is the utilization factors.
It took about a month for my scores and reason codes to settle after paying everything off. It was all being reported correctly.
@dynamicvb I do agree with @Brian_Earl_Spilner too it took around a month or so for things to pop back when I was up and played a bit then corrected it to before to see the changes so it wasn't automatic and some corrected faster than others I want to say my EQ was the one that was snail slow but I don't remember which one was the lagging one now.
@Anonymous Hmmmm now that would be interesting....I think that will hurt people more than help while they figure things out with their credit (talking about myself) LMAO mine looks like a roller coaster since I have been working and changing and adding and taking off things lol but I would be interested to know if that is the case for the upcoming.
@Anonymous Interesting indeed. Not worried about lates or collections just my Utilization being crazy up and down lol.