4 ms·

I hear this quite a bit but is there any evidence for it? I personally had a couple of months where my utilization was 0 and my score jumped by about 10 points

I hear this quite a bit but is there any evidence for it? I personally had a couple of months where my utilization was 0 and my score jumped by about 10 points (and it’s already relatively high). Most online experts recommend a credit utilization below 10% and I’ve not come across one recommending a minimum utilization.

esotericimpl 3y ago
[dead]
stonogo 3y ago
There's no evidence for any of it, because they're coy about the FICO rules, but if it's bullshit, it's bullshit straight from the horse's mouth [1]. I know that previously in my own credit reports I was given this specific 'justification' in the 'things that are lowering your score' column. 1 - https://www.experian.com/blogs/ask-experian/what-is-the-best-percentile-for-credit-utilization/ https://www.experian.com/blogs/ask-experian/what-is-the-best...