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I was at high utlity rate - about 88%, but paid them off at the beginning of June. I've been tracking via myfico.com and all three are still listing my CCs at 88%, which is categorically untrue (4 cards total; 2 have zero balances and two have small <$100 balances). Anyone have any insight on this?
(Edited title so that it'd make sense)
How are you tracking utilization on MyFICO? Utilization shown under "Amount of Debt" only updates when you pull a new report. That can only occur once a month or quarter based on your subscription plan.
Yes, that's what I'm looking at on the dashboard "Amount of Debt" for all 3 says 88% Thank you! I should have known it was a user error.
@hapagrrl wrote:I was at high utlity rate - about 88%, but paid them off at the beginning of June. I've been tracking via myfico.com and all three are still listing my CCs at 88%, which is categorically untrue (4 cards total; 2 have zero balances and two have small <$100 balances). Anyone have any insight on this?
(Edited title so that it'd make sense)
I'm reasonably certain it's because you haven't pulled a new 3B report. They don't update until you do.
I just pulled an updated report: scores are still 693/705/690. What a bummer.
@hapagrrl wrote:I just pulled an updated report: scores are still 693/705/690. What a bummer.
Sorry.
Pretty strange that going from 88% aggregate utilization down to 2 zero balances and 2 sub $100 balances didn't get you a lot of points, regardless of whatever else is going on in your profile.
The only thing that I can think of is a re-fi that I did recently, which is huge, of course. Otherwise, no significant changes..
@hapagrrl wrote:The only thing that I can think of is a re-fi that I did recently, which is huge, of course. Otherwise, no significant changes..
Well yes that might have played a part
Sounds like I just need to wait for things to "calm down," so to speak. Sigh..
@hapagrrl wrote:Sounds like I just need to wait for things to "calm down," so to speak. Sigh..
Yes. You will get the points back.