cancel
Showing results for 
Search instead for 
Did you mean: 

High Utilization DPs

JFox418
New Contributor

High Utilization DPs

Figured I'd share some DPs that might back up @SouthJamaica 's findings when he was comparing FICO 2 vs FICO 8 found here. I'm at the tier thresholds on a few accounts and wanted to track what the changes will be. My reports have no baddies or HPs and nothing closing soon so UTIL should be the only factor. I won't be able to update EQ and TU until early next month. 

 

FICO 2 vs FICO 8 High Utilization 

 

11.05.21 - Aggregate - %56 - EX 767 / EQ 774 / TU 762

Account 1 - %73

Account 2 - %64

Account 3 - %57

Account 4 - %30

 

11.10.21 - Aggregate - %45 - EX 771 (+4)

Account 1 - %50

Account 2 - %50

Account 3 - %57

Account 4 - %30

 

11.15.21 - Aggregate - %45 - EX 771 (no change)

Account 1 - %50

Account 2 - %50

Account 3 - %57 (this should update this week to below %50)

Account 4 - %28 (down from %30)

 

11.18.21 - Aggregate - %43 - EX 780 (+9)

Account 1 - %50

Account 2 - %50

Account 3 - %47 (down from %57)

Account 4 - %28 

11.05.21 - EX 767 / EQ 774 / TU 762 %56 UTIL $43.1K CL (WIP)                                                                                  Gardening since 8/19

11.18.21 - EX 780 %43 UTIL

4 REPLIES 4
SouthJamaica
Super Contributor

Re: High Utilization DPs


@JFox418 wrote:

Figured I'd share some DPs that might back up @SouthJamaica 's findings when he was comparing FICO 2 vs FICO 8 found here. I'm at the tier thresholds on a few accounts and wanted to track what the changes will be. My reports have no baddies or HPs and nothing closing soon so UTIL should be the only factor. I won't be able to update EQ and TU until early next month. 

 

FICO 2 vs FICO 8 High Utilization 

 

11.05.21 - Aggregate - %56 - EX 767 / EQ 774 / TU 762

Account 1 - %73

Account 2 - %64

Account 3 - %57

Account 4 - %30

 

11.10.21 - Aggregate - %45 - EX 771 (+4)

Account 1 - %50

Account 2 - %50

Account 3 - %57

Account 4 - %30


The key is to get under 50% Smiley Happy


Total revolving limits 698000 (605000 reporting) FICO 8: EQ 721 TU 742 EX 715

Message 2 of 5
JFox418
New Contributor

Re: High Utilization DPs


@SouthJamaica wrote:

@JFox418 wrote:

Figured I'd share some DPs that might back up @SouthJamaica 's findings when he was comparing FICO 2 vs FICO 8 found here. I'm at the tier thresholds on a few accounts and wanted to track what the changes will be. My reports have no baddies or HPs and nothing closing soon so UTIL should be the only factor. I won't be able to update EQ and TU until early next month. 

 

FICO 2 vs FICO 8 High Utilization 

 

11.05.21 - Aggregate - %56 - EX 767 / EQ 774 / TU 762

Account 1 - %73

Account 2 - %64

Account 3 - %57

Account 4 - %30

 

11.10.21 - Aggregate - %45 - EX 771 (+4)

Account 1 - %50

Account 2 - %50

Account 3 - %57

Account 4 - %30


The key is to get under 50% Smiley Happy


Yeh I messed that one up this month. LOL I read your article AFTER I already made the payments. I figure it's a good starting point now to see where it goes from here. 

11.05.21 - EX 767 / EQ 774 / TU 762 %56 UTIL $43.1K CL (WIP)                                                                                  Gardening since 8/19

11.18.21 - EX 780 %43 UTIL

Message 3 of 5
JFox418
New Contributor

Re: High Utilization DPs

11.15.21 - Aggregate - %45 - EX 771 (no change)

Account 1 - %50

Account 2 - %50

Account 3 - %57 (this should update this week to below %50)

Account 4 - %28 (down from %30)

11.05.21 - EX 767 / EQ 774 / TU 762 %56 UTIL $43.1K CL (WIP)                                                                                  Gardening since 8/19

11.18.21 - EX 780 %43 UTIL

Message 4 of 5
JFox418
New Contributor

Re: High Utilization DPs

Nice little surprise this morning as one of my balances updated. I'm really curious what's going to happen early next month when the two drop below %50. I'm not sure I'll have the funds to get one down to %28 but below %50 looks promising for a score bump.

 

11.18.21 - Aggregate - %43 - EX 780 (+9)

Account 1 - %50

Account 2 - %50

Account 3 - %47 (down from %57)

Account 4 - %28 

11.05.21 - EX 767 / EQ 774 / TU 762 %56 UTIL $43.1K CL (WIP)                                                                                  Gardening since 8/19

11.18.21 - EX 780 %43 UTIL

Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.