@Anonymous wrote:
Then I lost 5 points when chase reported a higher balance bringing my aggregate utilization from 11 to 15%. Some thought it had to do with # of cards reporting a balance but 4/6 reported balance in January & February.so that couldn’t have been it. I then gained 2 points back on February 15 when an inquiry became unscoreable. ( 677-> 679).
Now today when PNC reported lower balance... my utilization went from 15 to 14% and I’m up 4 points... 683 now.
No other change in regards to account age, negatives or inquires.
I know everyone talks about 8.9% 28.9% etc etc but this is twice now I’ve seen changes way around outside those numbers. This one and one other time when I went from 6 to 4%
Oh this is really good data for a hypothesis I have about utilization intervals.
The 4% utilization threshold I see on my scorecard (EX 8 +3 when at/or under) may be there at the higher intervals:
[10, 19], so [10,14] and (14,19]. (Parentheses exclusive, Brackets inclusive.)
What is your current utilization as you calculate it, using (total balances / total limits)? If it's less than or equal to 0.14 that would be some strong supporting evidence.
