seinchin14 wrote:
Fico score dropped -20 due to increase in credit card balance in Sept.
Paid down balance in October but score fell another 25 pts. as of Nov.5
Why did it not go back up if the balance was reduced? How long does
it take the bureaus to reflect credit card balances into your scores?
Is that the only thing that happened to your CR, or were there other things going on that could have impacted your score (e.g. change in your utilization, more TLs reporting a balance, CLD, added baddies, dropped accounts, added accounts, etc.)?
I've been on here for 2 yrs and never experienced any lag. I have seen changes to my score that took some time to figure out....FICO scoring is still a big mystery to me after all of this time.
