Score Drop From Charge Card Balance?

[shane82388]

So I paid my AMEX Green before the statement but for some reason it reported $72. No big deal but my Score Watch just reported my score dropped because of it. I though charge card balances aren't factored in to fico scores?

[LS2982]

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@shane82388 wrote:
So I paid my AMEX Green before the statement but for some reason it reported $72. No big deal but my Score Watch just reported my score dropped because of it. I though charge card balances aren't factored in to fico scores?

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On  TU98 (my FICO TU) it is.

Just went from 692 to 651. Not happy!

[Anonymous]

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@LS2982 wrote:

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@shane82388 wrote:
So I paid my AMEX Green before the statement but for some reason it reported $72. No big deal but my Score Watch just reported my score dropped because of it. I though charge card balances aren't factored in to fico scores?

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On  TU98 (my FICO TU) it is.

Just went from 692 to 651. Not happy!

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ScoreWatch is an EQ Beacon 5 score which doesn't factor in charge cards. That is very strange indeed.

[crunching_numbers]

If I understand this correctly, number of accounts with balances and total non-installment debt are both affected by a balance on charge cards in all of the FICO formulas.

[LS2982]

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@crunching_numbers wrote:

If I understand this correctly, number of accounts with balances and total non-installment debt are both affected by a balance on charge cards in all of the FICO formulas.

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I agree with this, was just about to post it

[pizzadude]

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@Anonymous wrote:

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@LS2982 wrote:

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@shane82388 wrote:
So I paid my AMEX Green before the statement but for some reason it reported $72. No big deal but my Score Watch just reported my score dropped because of it. I though charge card balances aren't factored in to fico scores?

---

On  TU98 (my FICO TU) it is.

Just went from 692 to 651. Not happy!

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ScoreWatch is an EQ Beacon 5 score which doesn't factor in charge cards. That is very strange indeed.

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+1.  There is very likely something else going on that caused the score drop.

[shane82388]

Wl it stated the reason was a score increase on my AMEX Green as a reason so...

[Anonymous]

Talk about coincidence. I just got a SW alert. My Amex Green increased by $421 but my score didn't budge at all. Must be something else.

[MrShush]

Happens to me every time. Partial AF from the Platinum reported in March and my EQ went from 772 to 756. April, reported zero and EQ popped back to 772. Just a recent example for you.

[AZHeather]

I got a SW notice yesterday for having a balance on my cc.  It went from $0 balance to $120.  Apparently my payment didn't post before the update to the CR's (I try to always stay at $0, but use to stay "active").  The SW notice specifically said the 5 pt drop was because of my balance, which is 12% of my cl.