Split File scores

[Anonymous]

For the past month, my scores have gone up and down EVERY TWO OR THREE days 150 points....someone had suggested I may have a slit credit file...what is this and how can it be fixed?

[Anonymous]

150 points is easily possible if you have many credit cards that report a few days apart. Lets say you had a large balance. Paid it off or transferred it to another credit card. Now the other credit card that had a $0 balance now has a high balance but reports a few days after the other one that was just paid.

Day 1 you had a large debt.
Day 3 your debt was reported paid. Score went up 150 points.
Day 5 you have a new balance reported on a card that was $0 but now high. Score drops 150 points.

Just an example. Does this sound like something that may have happened?

[Tuscani]

Call the CRA and tell them you suspect a split file.. they will merge them for you.

[Anonymous]

Thanks everybody for helping...and NO, I would never conduct my affairs to the extent that I use one credit card to pay off another! I have never had a score lower than 725...and that was my lowest. Nothing has changed on my credit file or my credit habits to make such drastic changes. I have owned four homes with no payment questions and have a sizeable amount of reserve credit for years that I hardly use. I called Equifax today - they could NOT have been nicer. Although it took about one hour and calling several people, they all assured me I do not have a split credit file. I do have an old address on my record that needed to be updated...so I am sending them a copy of my license and utility bills and we shall see what happens ALTHOUGH I still do suspect something else is up. This still sounds like a split file problem. Here is keeping fingers crosed

[Tuscani]

Interesting.. Keep us updated.

[smallfry]

Question for you Tuscani. I think most know about the dirty little secret and split files. Why do the monitoring agencies encourage daily pulls when this activity can cause split files?

[Tuscani]

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smallfry wrote:
Question for you Tuscani. I think most know about the dirty little secret and split files. Why do the monitoring agencies encourage daily pulls when this activity can cause split files?

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Because your file generally has to be VERY thick for daily pulls to split a file. The chances are actually pretty slim. Just remember, thick files and daily pulls are not the only thing that can cause a split file.