Good evening/morning
So after making my goal and getting approved from 0% on my new auto loan. I consolidated all my bills onto one card, including my auto insurance, a large purchase, and any standing balances, minus a couple 0% deals. Which brings 2 of my cards to nearly 90% UTI. What will be reported from the 30th of April will be ~85%
As of right now, experian has my reported UTI at <1% aggregate $526.00/$38,650.00
This is because of the timing of the shuffle that happened.
What is about to report is
DCU- $4,100/5,000 82%
NFCU- $825/1,000 82.5%
My speadsheet is showing, including some random purchases on other cards, a total of $5,878/$38,650 @ 15.21% utilization.
Current scores are
EX8 682
EQ8 719
TU8 707
EX9 652
EQ9 747
TU9 671
I also just renewed my MF account, but waiting to pull my reports for when my DCU balance finally reports.
When I make payments, I'll let the new balance report, and then update as I go along, seeing what score changes happen. I will also include when scorable INQ's begin to fall off. Now there are many of them, so hopefully I'll see where the max INQ penalty is also.
(EX 34) (EQ 23) (TU 20) in 24 months (EX 18) (EQ 14) (TU 11) in 12 months (scorable)
I only have one or 2 planned apps within the next few months, but for BT purposes, which will be a NavyFed card, and maybe a 2nd disco. But I am no longer in a hurry. I will also update any individual and specialty score as I go.
EDIT: More things coming up that should influence score changes
New accounts in the last 6 months
7 revolving lines
1 open auto loan
1 closed auto loan
Newest account 1 month as of 5/10/2020
AAoA 29 months
Oldest Open 29 months
EDIT 5/21/20
So I finally got my first update with a reporting balance from my NavyFed Platinum card.
Card is reporting at 78% $780/1000
Scores yesterday
EX8 678, EX2 703, EX Auto8 641, Auto2 723, BC8 658, BC3 676, BC2 697, EX9 655
Scores today
EX8 671, EX2 683, EX Auto8 635, Auto2 705, BC8 651, BC3 657, BC2 676, EX9 ?
Aggregate UTI is now at 3% $1,370/39,550
I have 5 cards reporting balances
9.6%, 5.3%, 3.8%, 1.2%, and 78%
The main changes brought between -6 and -21 points bankcard scores being the most sensitive. I am still waiting for DCU to report my updated balance. Which is my largest balance, this one will change both my aggregate thresholds and individual the most.
Some more DPs
AAoA 28 months
AoYA <1 month
AoOA open 29 months
AoOA closed 10 years 10 months, closed auto loan
EDIT 5/28/20
DCU finally updated my balance from 4/30/2020
Card is reporting at 82.82% $4141/5000
Scores yesterday
EX8 671, EX2 683, EX Auto8 635, Auto2 705, BC8 651, BC3 657, BC2 676
Scores today
EX8 665, EX2 666, EX Auto8 629, Auto2 689, BC8 644, BC3 656, BC2 644
Aggregate UTI is now at 13% $4,985/39,850
I now have 4 cards reporting balances
5.3%,1.2%, 78%, & 83%
It looks like I lost 6 points for having an individual card reporting above 80% was worth about 6 points. But I also past 10% aggregate from 3% to 13%. So I am not 100% sure that the points loss was due to one thing.
Some more DPs
AAoA 27 months
AoYA <1 month
AoOA open 29 months
AoOA closed 10 years 10 months, closed auto loan
20 Scorable INQ on EX in the last 12 months
@Remedios wrote:@Mv350 maybe its because I just woke up, but the title said you're going from maxed cards to paid off cards, but the body of message states you're going from paid to maxed.
Two possibilities here, either I need more caffeine or you transposed things.
I'm hoping I need caffeine, because on a dirty file, that high of utilization will come with pretty steep penalty.
If you're really going from 0% to 85% on individual cards, you've crossed almost all thresholds on individual cards.
Sorry! Reverse that, I have 2 cards that are about to report at ~82%, everything else is at 0 or almost 0. I'm going to be making payments, letting the remainder of the balance report, then make another payment to see where I gain points back. 6 months away from my last negative falling off.
So I finally got my first update with a reporting balance from my NavyFed Platinum card.
Card is reporting at 78% $780/1000
Scores yesterday
EX8 678, EX2 703, EX Auto8 641, Auto2 723, BC8 658, BC3 676, BC2 697, EX9 655
Scores today
EX8 671, EX2 683, EX Auto8 635, Auto2 705, BC8 651, BC3 657, BC2 676, EX9 ?
Aggregate UTI is now at 3% $1,370/39,550
I have 5 cards reporting balances
9.6%, 5.3%, 3.8%, 1.2%, and 78%
The main changes brought between -6 and -21 points bankcard scores being the most sensitive. I am still waiting for DCU to report my updated balance. Which is my largest balance, this one will change both my aggregate thresholds and individual the most.
Some more DPs
AAoA 28 months
AoYA <1 month
AoOA open 29 months
AoOA closed 10 years 10 months, closed auto loan
DCU finally updated my balance from 4/30/2020
Card is reporting at 82.82% $4141/5000
Scores yesterday
EX8 671, EX2 683, EX Auto8 635, Auto2 705, BC8 651, BC3 657, BC2 676
Scores today
EX8 665, EX2 666, EX Auto8 629, Auto2 689, BC8 644, BC3 656, BC2 644
Aggregate UTI is now at 13% $4,985/39,850
I now have 4 cards reporting balances
5.3%,1.2%, 78%, & 83%
It looks like I lost 6 points for having an individual card reporting above 80% was worth about 6 points. But I also past 10% aggregate from 3% to 13%. So I am not 100% sure that the points loss was due to one thing.
Some more DPs
AAoA 27 months
AoYA <1 month
AoOA open 29 months
AoOA closed 10 years 10 months, closed auto loan
20 Scorable INQ on EX in the last 12 months