Welcome @Anonymous
Might be more than half the accounts are reporting a balance. FICO likes less than the total number of accounts reporting. AZEO or all zero except 1 is the highest pt gain. CL's dont mean anything to FICO. Just whats reported percentage -wise. Less than 8.9% is the best place to be. If you have all acounts report a balance thats a hit. If none report a balance thats a hit also. He has enough revovlers. Really dont need an AU card unless it being used for something.
Where are you getting your scores from? Even a 740 is low for a clean sheet of average 13 years even with as noted above slightly ugly revolving utilization (and I mean slightly, you're not in a bad place). I'm pretty sure I'm not dropping below 780 even at <6 years average history on Experian when I do my revolvers with balance testing after my mortgage fiesta is done.
That said we've seen some really strange idiosyncracies with AU accounts over time.
@Anonymous wrote:My hubbys fico score has dropped 15 points (744 to 729) and we can't understand why.
He currently has 7 accounts and is the AU on one of mine. His utilization is as follows:
Revolver 1 26%
Revolver 2 < 1%
Revolver 3 0%
Revolver 4 6%
Store Card 0%
Store Card 0%
Paypal Credit 23%
AU on Revolver 0%
His average age of Credit 13 yrs.
The only difference in the reports is that the card he is an AU on was paid to 0% (from 5% utilization). Also the CL was increased from 7K to 15k.
Could that have caused the drop?
I don't see how either of those could have caused a drop.
