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Should my CS jump after this? V. Paying of multiple CC's at once.

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llecs
Moderator Emeritus

Re: Should my CS jump after this? V. Paying of multiple CC's at once.


@Anonymous wrote:

.....and how they correlate.


Unfortunately FAKOs aren't reliable. Your FICO can increase and FAKO decrease for the same event. I once removed a CA and my FICO increased 58. The FAKO decreased 8 points. I currently have one FAKO that's nearly 320 points lower than my FICO when comparing the same CRA on the same day (CC-enhanced TransRisk vs. TU FICO) despite having a similar score range.

Message 11 of 12
Anonymous
Not applicable

Re: Should my CS jump after this? V. Paying of multiple CC's at once.


@llecs wrote:

@Anonymous wrote:

.....and how they correlate.


Unfortunately FAKOs aren't reliable. Your FICO can increase and FAKO decrease for the same event. I once removed a CA and my FICO increased 58. The FAKO decreased 8 points. I currently have one FAKO that's nearly 320 points lower than my FICO when comparing the same CRA on the same day (CC-enhanced TransRisk vs. TU FICO) despite having a similar score range.


 

 

Dang, that is crazy. Well atleast right now all my scores are pretty similar.

Message 12 of 12
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