@NRB525 wrote:
@Anonymous wrote:Well my account popped on Experian today and I must say I'm shocked.
Highest single card util went from 19% to 56% and AAoA dropped from 1y11m to 1y10m, aggregate 3% -> 4%, 721 -> 715.
6 points for two individual thresholds? I will totally take it.
If lack of carnage remains across TU and EQ, I will be very happy.
Stress for nothing so far though.
Congrats on the relative nothing burger 🍔
Thanks for updating. Real examples are appreciated around here, as some urban legends build momentum without people actually experiencing the situation
I was expecting a lot more since I have a BK scorecard assignment but 6 points is nothing and totally reasonable.
It will be a few days before I pull my 3B. TU should have it by Monday hopefully.
What is the timing of your BK? That scorecard could be an influence.
If I recall, my experience nearly a year ago, with experimenting crossing 50% was a few more points, but there was another card at 80% or 90% in that sequence and my number of cards with balances is definitely more. A clean scorecard, higher score may be more influenced by the utilization on one card.
If I recall, my experience nearly a year ago, with experimenting crossing 50% was a few more points, but there was another card at 80% or 90% in that sequence and my number of cards with balances is definitely more. A clean scorecard, higher score may be more influenced by the utilization on one card.
So continuing to see minimal score change, correct?
@Anonymous wrote:Those of you who have also optimized your score for a while... how do you get yourself comfortable with letting things report organically? It's got me all kinds of stressed thinking about a card at 55%!
I'm interested to read how others reigned themselves in and let go, that's what I'm trying to figure out now.
I'm about to let two smaller cards report a balance over 50% but under 68.9%.
685/1000 - 68.5% - Will wittle down over 13 months and make 1.5x to 2x min payment, then PIF just before 0% promo ends.
2055/3000 - 68.5% - Will wittle down over 14 months and make 1.5x to 2x min payment, then PIF just before 0% promo ends.
I'll adjust the payments accordingly to stretch this out for the entire duration, I'll figure that out after the first payment posts however. I don't want to over think it, I've done that enough and got a good plan I think. The idea is to endear myself to the lenders and grow the accounts with CLIs while actually not having to swipe the cards, I think it's a good plan.
That'll put me at 2/8 revolvers reporting a balance over 50% but under 68.9% (which I felt was prudent) for awhile with an aggregate utilization of 8% when things settle by January.
By January I can set up bill pay to make the exact payments I want when I figure that out. Stretching out the balance being paid off for the duration of the entire promo like I plan. Then I can throw all my cards in a 2nd wallet except debit card and my daily driver, then throw the wallet in my filing cabinet.
That'll leave me with 1 card to manage and a few days before it's statement posts on it, I'll still _keep_ making charges and paying them off a day or two later. Not worrying wheter I carry a nominal balance on it just as the statement cuts anymore, which I was compulsive about not wanting to happen.
That's about as close as I think I can get to reiging in the micromanaging, which I think is a good compromise in relation to the way I obsessed over it the last year. I'll be honest, I'm looking forward to it. I'm tired and bored of it, I need a break.
I'm not going to pretend that isn't still obsessing to a large degree, but that's the best I can do for now. I'll set it up, then let it go on auto pilot. A micromanaged plan to auto pilot is good, right? Right??? :-D