@veracious wrote:
@Anonymous-own-fico wrote:
GregB, would it be safe to say that FICO does not use your Chase card in the calculation of utilization? I have a non-util Chase card, which one month earlier this year reported a similar balance, and my EQ FICO dropped a mere 5 points, which is negligible; this includes a 2nd card reporting. For my util cards on the other hand, it's a different story.
I hope that in your explainations or answers someone can list their experiences with the so-called NPSL cards.
I read the blog post by Barry-Administrator found here.--->Confusion on NPSL cards.
Does this kind of card offer an untold advantage or disadvantage which should be included or excluded from a person's credit file
with respect to utilization ?
Thanks
No, that Chase card is used in util calcs by all 3 CRAs. It has a $9,700 limit, CLD from $13,500 about 6 months ago. It will be PIFed on the due date tomorrow, wil close a few days later, and report the new balance of about $3K. I will then charge a bill of at least $5,000 on it to run it near its limit. I am repeating this as often as it works out until Chase gets the idea that I want my limit back. At least I'm getting rewards from it.
I do have a BoaA card that was converted to a signature card without asking me first. It shows its limit on some reports but not on others. It is not used in util calcs by any of the three CRAs. It is used on Experians Plus report for util calc.
