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Effects of +/- 17% utilization on score

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llecs
Moderator Emeritus

Effects of +/- 17% utilization on score

I was sitting at 34% in utilization with an EQ score of 626 on 2/11 as mentioned on the CR on that day. I charged up around $500 on one card and 2/15 I get an alert for a 17 point drop to 609. I pulled the report and it said that utilization went to 51%. I paid off that $500 that day and today (2/24) I receive an alert for a 17 point bounce. While the reason for the 17 point bump is unclear, I have to assume it is due to the $500 and the utilization drop to 34% again.
 
As I type this...17 points for 17% in utilization. Cool.
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Effects of +/- 17% utilization on score

10 to 15 points per 10% of UTL
So your results are not atypical.

llecs wrote:
I was sitting at 34% in utilization with an EQ score of 626 on 2/11 as mentioned on the CR on that day. I charged up around $500 on one card and 2/15 I get an alert for a 17 point drop to 609. I pulled the report and it said that utilization went to 51%. I paid off that $500 that day and today (2/24) I receive an alert for a 17 point bounce. While the reason for the 17 point bump is unclear, I have to assume it is due to the $500 and the utilization drop to 34% again.
 
As I type this...17 points for 17% in utilization. Cool.



Message 2 of 2
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