- Centurion Member
- Posts: 4042
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
One possible explanation is that the 676 reflected balances on several cards - or no cards at all.
Imagine three people with otherwise identical credit:
A has $10 balances on each of three cards, with high CLs. A makes mid-month payments but some transactions still report on the statement.
B uses cards but pays in full before the statements cut, so no balances report.
C has one card with a balance. It has a high CL and 10% utilization, and C carries a moderate balance from month to month, not paying in full.
FICO says C is the least risky, even though A and B seem lower risk to most people.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech