Just out of curiosity as I don't envision needing credit ever again:
Through my AMEX card I get to see my FICO score for free. Last month it was 830, and this month it went down to 823. The helpful comments gave 2 reasons my score wasn't higher: no current loan activity (no surprise there), and my credit card balances are too high to my credit limits (!!!).
That second one is a shocker, since I pay in full every month. I only use 2 cards, but I have several others I don't use. So my overall credit limits are pretty darned high, and my AMEX monthly balance rarely exceeds $5000.
It just seems this FICO scoring is beyond-quirky. Oh yeah, why the heck did it go down last month??
Through my AMEX card I get to see my FICO score for free. Last month it was 830, and this month it went down to 823. The helpful comments gave 2 reasons my score wasn't higher: no current loan activity (no surprise there), and my credit card balances are too high to my credit limits (!!!).
That second one is a shocker, since I pay in full every month. I only use 2 cards, but I have several others I don't use. So my overall credit limits are pretty darned high, and my AMEX monthly balance rarely exceeds $5000.
It just seems this FICO scoring is beyond-quirky. Oh yeah, why the heck did it go down last month??