@HiLine wrote:
@ChiAndruw wrote:Yes, it did report a balance of $28.
There you go. Your FICO score drop was caused by the following 3 events:
A lowered AAoA
A higher number of accounts that show a balance
A higher percentage of accounts that show a balance
The latter 2 are the ones you forgot to account for
besides that Fico scoring and logical reasoning does not compute..... my account shows a $4 balance from Bank of America from $0 and my score jumps up 24 points..... Trying to understand Fico scoring 100% is like trying to understand a woman. You can try, but it'll never fully happen.
@hayabusa wrote:
@HiLine wrote:
@ChiAndruw wrote:Yes, it did report a balance of $28.
There you go. Your FICO score drop was caused by the following 3 events:
A lowered AAoA
A higher number of accounts that show a balance
A higher percentage of accounts that show a balance
The latter 2 are the ones you forgot to account for
besides that Fico scoring and logical reasoning does not compute..... my account shows a $4 balance from Bank of America from $0 and my score jumps up 24 points..... Trying to understand Fico scoring 100% is like trying to understand a woman. You can try, but it'll never fully happen.
Were you having zero card reporting a balance prior to that? Having one credit card balance is better than having no balance at all.
@HiLine wrote:
@hayabusa wrote:
@HiLine wrote:
@ChiAndruw wrote:Yes, it did report a balance of $28.
There you go. Your FICO score drop was caused by the following 3 events:
A lowered AAoA
A higher number of accounts that show a balance
A higher percentage of accounts that show a balance
The latter 2 are the ones you forgot to account for
besides that Fico scoring and logical reasoning does not compute..... my account shows a $4 balance from Bank of America from $0 and my score jumps up 24 points..... Trying to understand Fico scoring 100% is like trying to understand a woman. You can try, but it'll never fully happen.
Were you having zero card reporting a balance prior to that? Having one credit card balance is better than having no balance at all.
I had multiple accounts reporting about 5 cards reporting a balance at the time. Total was only about $1,500 between 5 cards / 100k+ limits.
Like I said I understand Fico scoring and obsessed over credit more than most people, even on forums I would place myself at the top 1% of obsessed people lol, and Fico scoring is always kinda strange. Especially on the reasons they give you.
