Balances reported on all three cards this week and the effect was interesting in it's magnitude. Started with a 685 EX FICO on 3/28, added one HP and my Chase card reported a balance of $431 compared to $38 last cycle. Dropped to 653 EX. Today, 3/30 my two Cap 1 cards reported balances of $403 and $370 compared to both showing $0 last cycle. Score dropped to 605. I'm not that concerned since I know Utilization has no memory and the cards will all be paid down drastically in the next two days, but I thought it was an interesting data point. I'm also interested in what happens when my auto loan reports the new lower balance on 4/1. Anybody know what % of installment loan is still considered high?
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