This original question was a good one; but it is really hard to give a comparable example. The one who can best give you an answer is yourself. I will try to give a sample (using my most recent events) to give you a guide; but there are many things that influence me that may not be relevant to you (or anyone else).
I have provided screen shots of my recent data as presented. Let me set my parameters. I have no derogs (collections, charge-offs, BKs, liens, etc.). I have no lates on anything. I have all types of credit (Revolving and Bank-Issued Credit Card Accounts, as well as Installment Loans). I do have negatives that include the amount of new credit (2,3,2) and age of most recently opened account (5 mo., 5 mo., and 5 mo.). My average age of credit is (1.5 yrs., 1.5 years, and 2.1 years); while my age of oldest credit is 13 yrs. 9 mos., 13 yrs. 9 mos., and 16 yrs. 8 mos.).
My problem was that one of my credit cards had not reported (updated) in several months. It took a lot of hounding but the results are obvious. Other problems remain that have not been updated (two of my instalment accounts were paid off – auto and personal loan) but these are not updated in the shots below. Fundamentally, these results are the paying off of one credit card on two of the CRAs (EQ & TU). My total credit card credit is $52,100 and the amount reportedly owed (before the update) was $12,900. That was a utilization percentage of 24.8%. The correct amount owed (that resulted in the score increase) is $450 (0.9%). So in my case, a UTI dropping from 25% to 1% results in an average 75.5-point increase.
You can see how that one factor influenced my scores. EQ saw an 84-point increase on 11/17. TU saw a 67-point increase on the same date, but as of 11/14 EX did not change. They still have not updated their report but I can anticipate an increase of greater than 50 points once they do. Now all I have to do is get these three to update my other data and get me back in the 800 club.
Y
PS If you want to know why my utilization went up and personal loans used; I had deadbeat renters that tore up my property. Credit cards were used for lawyers, travel to, car and hotels rentals while at the property. The loans were used to fix the mess they made; but after months I paid stuff off and got back. Unfortunately, after 3 months the CRAs still had not updated my report since one CC lender and my bank (where I had the auto and personal loan) were slow to report.
EX
Runner77, here’s an informational update for you. As I said in my other post, the EX data had not been update at that time; however, I calculated I should see about a 50-point increase. EX updated on 11/19 and the results are below (a 55-point raise). I think you will see the increase you expect. Good luck
Y
