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FICO Ding then Improvement

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Anonymous
Not applicable
‎06-26-2019 01:21 PM
‎06-26-2019 01:21 PM

FICO Ding then Improvement

So I let my Freedom card bill out with a 95% utilization, and my FICO 8 dropped 31 points! I then paid it off which Chase reports immediately and my score came right back up. Mind you nothing was even at 28% on 14 accounts just that one so apparently the ding is pretty harsh even on individual lines.

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Anonymous
Not applicable
‎06-26-2019 03:06 PM
‎06-26-2019 03:06 PM

Re: FICO Ding then Improvement

How did that 95% utilization on the individual line impact aggregate utilization?  What was your aggregate utilization before the drop and after the drop?  In going to $0 on the Chase card you of course dropped 1 account with a balance as well, so how many accounts with balances did you have (against how many total open accounts) to start?

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