No change in score with balance decrease??

[mmunsee]

Curious why my score didn't change with a balance decrease?

[mongstradamus]

---

@mmunsee wrote:
Curious why my score didn't change with a balance decrease?

---

mine did that too with EX , went from 14 to 0 on my CSP. The same balance decrese netted me 4 points each on TU and EQ , the oddities of fico scoring at its finest :-)

[Lemmus]

...balance changes are reflected in your CRA data ...FICO scoring does not look at specific balances (other than zero) but rather at ratios of utilization of available credit lines ...thus a balance change in your CRA data may well not result in a FICO score change because it didn't move you in/out of a FICO determined utilization bracket ...hth

[MarineVietVet]

---

@mmunsee wrote:
Curious why my score didn't change with a balance decrease?

---

Was this decrease on an installment loan or a credit card?

Paying down installments loans will have little effect on scoring while paying down/paying off revolving credit can help as your utilization also goes down.

[mmunsee]

It was for a credit card, decreased 88 dollars, leaving a 45.00 balance for a 300.00 limit.

[Lemmus]

...your CC utilization went from ~30% to 15% ...you'll probably need to get it between 3-9% to see a score increase 

[NRB525]

What is your entire list of credit cards, limits and balances on each?

+1 that this change is probably not sufficient to move the needle on a credit score.