Revolving Utilization not accurate?

[Anonymous]

Can someone please help me understand how utilization is calculated?  When I look at my credit report, I have 3 revolving accounts.  

• Capital One CC - Credit Limit 750, balance 700
• Capital One CC - Credit Limit 200, balance 0
• Capital One CC - Closed, balance 0

I would expect my ratio to be around 74%, but when I look at my score factors, all three bureaus say my ratio of revolving balances to credit limits is 0%!  How can this be?  Looks like it's not counting the card that actually has a balance, but don't understand why.

It's a normal CC, not AU, not a charge card, not closed...what would cause this?  

I'm considering paying down the limit to $50 to boost my score, but would that even work since it's not being considered in the first place?

I'm baffled!  Any ideas?

Thanks!

[Anonymous]

Ok had a thougt about this one...

At some point in the last 6 months, I disputed the CC with the balance.  The dispute was completed and the account was updated.  However, there is still a note in the comments:  Consumer disputes this account information.

I know disputed CCs are temporarily pulled out of scoring in some ways, but this account is no longer in dispute.  That was months ago.  Could the scoring model be ignoring the account still due to the comments?  If so, what should I do to correct?

Thanks again!

[Anonymous]

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@Anonymous wrote:

Can someone please help me understand how utilization is calculated?  When I look at my credit report, I have 3 revolving accounts.  

• Capital One CC - Credit Limit 750, balance 700
• Capital One CC - Credit Limit 200, balance 0
• Capital One CC - Closed, balance 0

I would expect my ratio to be around 74%, but when I look at my score factors, all three bureaus say my ratio of revolving balances to credit limits is 0%!  How can this be?  Looks like it's not counting the card that actually has a balance, but don't understand why.

It's a normal CC, not AU, not a charge card, not closed...what would cause this?  

I'm considering paying down the limit to $50 to boost my score, but would that even work since it's not being considered in the first place?

I'm baffled!  Any ideas?

Thanks!

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What site are you using to view your reports and score factors? 

[Anonymous]

Myfico.com

Weird thing is that my last report pull was 1/23.  Score factor as of that date on the Score tab says revolving utilization is 0%.  However, found an alert for that same day that said utilization was 91%.  Grrrr.

Is there some way to tell which accounts aren't being factored into the score due to disputes?

[SouthJamaica]

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@Anonymous wrote:

Can someone please help me understand how utilization is calculated?  When I look at my credit report, I have 3 revolving accounts.  

• Capital One CC - Credit Limit 750, balance 700
• Capital One CC - Credit Limit 200, balance 0
• Capital One CC - Closed, balance 0

I would expect my ratio to be around 74%, but when I look at my score factors, all three bureaus say my ratio of revolving balances to credit limits is 0%!  How can this be?  Looks like it's not counting the card that actually has a balance, but don't understand why.

It's a normal CC, not AU, not a charge card, not closed...what would cause this?  

I'm considering paying down the limit to $50 to boost my score, but would that even work since it's not being considered in the first place?

I'm baffled!  Any ideas?

Thanks!

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It's based on the balance as of the statement date

[Revelate]

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@Anonymous wrote:

Myfico.com

Weird thing is that my last report pull was 1/23.  Score factor as of that date on the Score tab says revolving utilization is 0%.  However, found an alert for that same day that said utilization was 91%.  Grrrr.

Is there some way to tell which accounts aren't being factored into the score due to disputes?

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Not really other than extensive testing.  Dispute comments aren't *supposed* to factor into the algorithm, but there's been a couple of reports where apparently they absolutely did.

I'd simply remove the dispute comments and see if that fixes things.