FICO Simulator--When using under 30%, does paying ... - Page 5 - myFICO® Forums

Anonymous · ‎04-06-2019

Oh, trust me, I've listened to and digested everything that's been said, and appreciate it all. That momentary vent was not attacking or blaming anyone...nobody here is the CEO of Transunion, Equifax, or Experian.

I do realize the 28.9% threshold hurts on every card...but based on my research, and interpretation, I gathered the 88.9% one would be the biggest factor--perhaps making a 30+ point difference.

Since the Average Age also went up from under 2 years to over 2 years, this should be accounted for in some of those 12 points...so it seems the 88.9% thing did virtually nothing.

I'm also reprioritizing the payment plans to target each of the thresholds first (since they're all 0 APR for another year).

Here's another hypothesis: Even though the utilization is around 28.67% (on that report), the Experian says 29%. It's rounding up, so it's possible it's now counting it as "over 28.9%" even though it's not technically--this could plummet it and wipe out gains made from the reduced high-card.

I'll know in a few days, because the AMEX I paid off hasn't been reflected yet...when it is, the aggregate will go below 28% and the 'total over zero' will go from 5/10 to 4/10.

Anonymous · ‎04-06-2019

OP, that one maxed out card was the biggest factor most likely. Your average age going over two years probably did nothing. Those 12 points most likely came from going under 88.9%. Yes the software rounds stuff and cannot be counted on, that’s why we are telling you do the calculations yourself and put it under the percentages we are telling you. Do not count on the percentages from CMS software.

That individual card over 68.9% is gonna kill you more than the aggregate being over 28.9%, IMHO.., Im not 100% sure on that but I think it was discussed earlier in the thread with good advice.

Either way those cards with high utilization are killing your score.