Utilization decreased (not to zero), 17 point drop. Help?

[Anonymous]

Hoping the hive mind can help me out here.

Have been working on optimizing some

scores lately.  Here's the data points:

July 21 - EX FICO 8 - 689

13% overall utilization (all card limit is $36500)

AMEX (AU account)- balance $4716 (limit 14500)

Capital One - Balance $50 (of $3000)

Chase - Balance $83 (of $6600)

4 other cards at zero balance.

July 22nd - EX FICO 8 - 695 (+6)

~0% Utilization

AMEX (AU account)- balance $41 

Capital One - Balance $50 

Chase - Balance $83

July 23rd - EX FICO 8 - 695 

~0% Utilization

AMEX (AU account)- balance $41 

Capital One - Balance $50 

Chase - Balance $69

July 25rd - EX FICO 8 - 677 (-17)

~0% Utilization

AMEX (AU account)- balance $41 

Capital One - Balance $0

Chase - Balance $69

My understanding is that is ALL the cards went to zero, I'd see some kind of scoring hit, but I can't understand how going from 3 cards with balances to two results in such a ding.

Can anyone shed any insight?

[financialfreedom777]

I had something aimolar happened. Recently paid down a portion of my debt and my scores dropped for Exp & TU by more than 14pts and increased by 2pts for Eq. After 2months they bumped back up that plus like 5points. 

Overall not the big bump I was expecting but in my case I have some lates that are dragging down my score. Untill those fall off I won't see any significant increase.

[Anonymous]

Straight up something else happened.

[Anonymous]

There's been no new hard pulls, no new accounts, no installment loans paid off, I didn't move... those are the ONLY active changes to my account.

[Anonymous]

What service are you using to monitor your scores?

[Anonymous]

I'm using the Experian app and webpage and going of FICO 8 scores.

[Anonymous]

You need to compare the two days reports line by line something else happened an account dropped, something.

[Anonymous]

Of the two cards with balances, one is an AU card and the other is a card I've only had for 3 months.  Any chance I'm getting the zero balance penalty since the card that was paid off was one of my older ones?

And I've gone through my reports line by line, the ONLY data point change is the Capital One card balance going from $50 to $0

[Anonymous]

Not as long is that other account is reported with a balance to your credit reports.

Check again something else had to change.

[Anonymous]

Get your reports from annualcreditreport.com free weekly through 2021.