My third negative reason on Equifax FICO. Once my lone inquiry dropped my score went from 696-698. No new accounts in past year. Seeking new credit was replaced by high revolving balances. 3 out of 6 accounts reported balances one was a car loan. Utilization rounded up to 2%. Revolving balances were $1301. FICO High Achievers have an average of less than $600 on revolving credit and store cards. Negatives were public record short account history and high revolving balances. I had never seen the high revolving balance reason before. Should be interesting to see if this drops once my report is clean next April.
