fico score increase

[Anonymous]

got a score watch alert fico went up i thought the reason was i called  orchard to talk to them about not reporting and thought they updated that wasn't the case a new card had hit with an balance of 673 and it went up 10 points good use of revolving credit was the reason somebody explain i thought the object was  keep it low i was pist that i hadn't pif before they cut the statement the line of credit was 2000

[crivas21]

sometimes our friend "FICO" works in weird ways!!!

[RobertEG]

Worrying about monthly % util impact on your FICO score is, IMHO,  one of the most common mistakes many make.

You score usually only matters at the time you actually apply for new credit, and not its variation from Monday to Friday.

Of all FICO scoring categories, % util of reported balance against your CL is the one singular scoring category that has NO memory from month to month.

If you are at 33% one month, and then a payment is made and reported to your CR that reduces the % util to, say, 10%, the prior 33% util is gone into the annuls of history that no one cares about.

Get your $2000 CL card down below $200 balance at next CC reporting, and forget about it!