The effect of an over-the-limit CC reporting to your CR.

[llecs]

I sinned. I left my Orchard balance unchecked. While I wasn't late, my gym posted a payment to the CC right before Orchard reported which put the CC balance to about $650 of a $600 CL.

Yesterday, I had pulled each CR to check up on a removal by AFNI. On EQ, yesterday my score sat at 660. Today, the same day Orchard reported the OCL, by FICO dropped 16 points to 644. I'd pull TU and EX but I hadn't pulled prior to it reporting, so no baseline to guage.

Lesson: never ever go over the limit.

[fused]

You're fortunate you didn't take a big hit. Some FICO high achievers will more often than not take a huge hit for a CC reporting OTL. In some cases, the hit would be similar to a new serious derog hitting your reports. My overall util on TU just went from 7% to 17% and I took a 34 point hit.

[llecs]

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fused wrote:

You're fortunate you didn't take a big hit. Some FICO high achievers will more often than not take a huge hit for a CC reporting OTL. In some cases, the hit would be similar to a new serious derog hitting your reports. My overall util on TU just went from 7% to 17% and I took a 34 point hit.

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Golly gee. 10% with 34 point hit. I guess I need to re-evaluate how I look at utilization effects. I would have guessed 10-15 for you.