The question is what was your overall credit utilization among all your cards and the individual ones before and after.
@Anonymous wrote:I lost 14 points for paying one card off, 9 more points for paying another small balance off. I still have a card with a balance. I am calling BS that the models prefer 1 card with under 10% utilization. I had better scores when at least 2 cards carried a balance - 3 counting a small balance as an AU.
Yeah FICO seems not to like $0 reporting on any balance, so maybe leave 1-9% balance on all cards?
@erin62777 wrote:TU is 705 and exp is 693 now equ is 670 they keep on screwing me
In time it will bounce back, I always assumed credit utilization was in real time but from reading all these threads I'm not so sure anymore. My utilization amongst all my cards is around 70% right now, we'll see what my score is once I bring it down.
@erin62777 wrote:Ok. That particular card went from 2k to 7k last month and I lost 25 points via equifax. Overall I owed 12-13000 now I owe about 6k. So as u see I paid down 1750 and I lost another 6 points!!!!
i can easily screenshot the one where I lost 25 points. I have no reason to lie. Like I said before I paid chase 3k in total to 0 gained 0 points!
like another poster stated I had higher scores when balances were high! I get punished for paying stuff down!
What is your overall utilization percentage? $13k outstanding is what utilization percentage? Do you have any new CC added, apped, recently?
What is the age of your cards and credit file?
