So this is just an interesting data point I noticed...
Normally I let at least 1-3 card(s) report a small balance. This seems to keep my FICO 8 in the same spot or increase over time. My overall UTI is always 1%.
This morning when I checked CCT my EX score lost 8 points and I noticed that my UTI is showing as 0%. What happened is that currently only my installment account is reporting a balance and also my les schwab account is reporting a balance. This is interesting because I didn't realize that my les schwab account wouldn't count as part of my UTI. It is a retail account not a regular cc.
I'll let a regular cc report a balance soon and report back on score change. FICO scores are interesting to mess with 
@mattmyFIC0 wrote:So this is just an interesting data point I noticed...
Normally I let at least 1-3 card(s) report a small balance. This seems to keep my FICO 8 in the same spot or increase over time. My overall UTI is always 1%.
This morning when I checked CCT my EX score lost 8 points and I noticed that my UTI is showing as 0%. What happened is that currently only my installment account is reporting a balance and also my les schwab account is reporting a balance. This is interesting because I didn't realize that my les schwab account wouldn't count as part of my UTI. It is a retail account not a regular cc.
I'll let a regular cc report a balance soon and report back on score change. FICO scores are interesting to mess with
Your Schwab credit card balance should count as part of your utilization. According to my understanding, it is a credit card not a charge card. I'm not really familiar with the card.
If your have a low overall utilization CCT will show Revolving Credit Usage as 0%. Some other credit monitoring sites do the same. Normal stuff.
Something else probably caused your 8 point drop.
@oilcan12 wrote:
@mattmyFIC0 wrote:So this is just an interesting data point I noticed...
Normally I let at least 1-3 card(s) report a small balance. This seems to keep my FICO 8 in the same spot or increase over time. My overall UTI is always 1%.
This morning when I checked CCT my EX score lost 8 points and I noticed that my UTI is showing as 0%. What happened is that currently only my installment account is reporting a balance and also my les schwab account is reporting a balance. This is interesting because I didn't realize that my les schwab account wouldn't count as part of my UTI. It is a retail account not a regular cc.
I'll let a regular cc report a balance soon and report back on score change. FICO scores are interesting to mess with
Your Schwab credit card balance should count as part of your utilization. According to my understanding, it is a credit card not a charge card. I'm not really familiar with the card.
If your have a low overall utilization CCT will show Revolving Credit Usage as 0%. Some other credit monitoring sites do the same. Normal stuff.
Something else probably caused your 8 point drop.
Thank you guys for your input! The les schwab card is not the same as the Schwab credit card. Les Schwab is a chain of tire stores. They are mostly on the west coast as far as I know.
Since you mentioned that CCT might just be showing 0% because usage is so low I'm wondering if I pulled a report off myFICO it would show 0% or not. Usually for me CCT scores are spot on with myFICO scores.
Nothing else has changed for the drop that I can see. I'll wait a bit and let a card with a bigger limit report a balance and see what happens. It's interesting to me how the scoring works. No stress about it but I am very curious about the drop.
@mattmyFIC0 wrote:
@oilcan12 wrote:
@mattmyFIC0 wrote:So this is just an interesting data point I noticed...
Normally I let at least 1-3 card(s) report a small balance. This seems to keep my FICO 8 in the same spot or increase over time. My overall UTI is always 1%.
This morning when I checked CCT my EX score lost 8 points and I noticed that my UTI is showing as 0%. What happened is that currently only my installment account is reporting a balance and also my les schwab account is reporting a balance. This is interesting because I didn't realize that my les schwab account wouldn't count as part of my UTI. It is a retail account not a regular cc.
I'll let a regular cc report a balance soon and report back on score change. FICO scores are interesting to mess with
Your Schwab credit card balance should count as part of your utilization. According to my understanding, it is a credit card not a charge card. I'm not really familiar with the card.
If your have a low overall utilization CCT will show Revolving Credit Usage as 0%. Some other credit monitoring sites do the same. Normal stuff.
Something else probably caused your 8 point drop.
Thank you guys for your input! The les schwab card is not the same as the Schwab credit card. Les Schwab is a chain of tire stores. They are mostly on the west coast as far as I know.
Since you mentioned that CCT might just be showing 0% because usage is so low I'm wondering if I pulled a report off myFICO it would show 0% or not. Usually for me CCT scores are spot on with myFICO scores.
Nothing else has changed for the drop that I can see. I'll wait a bit and let a card with a bigger limit report a balance and see what happens. It's interesting to me how the scoring works. No stress about it but I am very curious about the drop.
Your score on Myfico will be the same as your CCT score. Your Myfico report won't show 0% utilization unless it really is 0%.
I wasn't familiar with Les Schwab. A credit report should show if it is a revolving account.
