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Experian only - reducing card balances dropped score 22 points!

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Anonymous
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Re: Experian only - reducing card balances dropped score 22 points!

@brutalbodyshots... yes, that's exactly what happened... all of my cards went to zero... Taking into account the reporting dates... one card that had a balance last month (CapOne) went to zero at the same time that CreditOne had a zero balance from last month. CreditOne just cut a statement yesterday showing a $10 balance for this month, so as soon as that hits I'll no longer have all 3 cards at zero. I'm hoping that boosts me back up.

 

Since you've seen this before it sounds like, do you expect that the scores will go back up as soon as one of cards has a non-zero balance (but still under 10% total utilization)?

 

Thanks!

Message 11 of 12
Anonymous
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Re: Experian only - reducing card balances dropped score 22 points!

Yes, your scores will instantly go back up exactly the same number of points that they dropped when that one card reports a small balance.  You can 100% bet the farm on that.

Message 12 of 12
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