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Showing results for tags 'rebucketing'.
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I've got a question for the FICO gurus here. The essential question is a store card vs. major card question, and whether utilization factors in differently for one than another... or if I was just rebucketed. Now, the long version - I have a young, thin, clean TU file. I have 5 revolving accounts, but 2 opened last month have not reported to TU and neither resulted in TU inq's, so for our purposes, I have 3 revolvers: CapOne QS1 opened 4/14 Barclays Rewards opened 8/14 Walmart store card opened 8/14 My October Walmart TU08 FICO, which was purported to have been pulled Oct. 1, was 716, with following utilization: CapOne 0% Barclays 23% Walmart 0% ------------------ Overall Uti: 12% I decided this month I would let Walmart report a tiny balance and zero out the rest and see what my current max possible FICO is: CapOne 0% Barclays 0% Walmart <1% ($5 balance) --------------------------------- Overall Uti: <1% Result: November Walmart TU08 FICO of 710 I expected it would go up, but it went down. So, is there some wrinkle in the utilization scoring that prefers you have that one small balance on a major revolver instead of store card, or did I perhaps get rebucketed for my oldest account hitting 6 months? I'm guessing the latter, but I must defer to the experts.