credit score

[David Smith]

I see. But $0 balance will only be updated going forward from that date, correct?

Correct.

[meme]

Correct.

So how exactly does it work, they average out daily balance ratio of a given period of time?

[David Smith]

So how exactly does it work, they average out daily balance ratio of a given period of time?

They report your total current balance at the time.

[meme]

They report your total current balance at the time.

I understand, I'm asking how the CB calculates balance effect on score, score changes on daily basis or they average out based on ratio over given amount of time?

[Mendelssohn]

I understand, I'm asking how the CB calculates balance effect on score, score changes on daily basis or they average out based on ratio over given amount of time?

Based on what is on your credit report at that moment.

[meme]

Based on what is on your credit report at that moment.

When is that moment? How often is CS updated?

[PillanSmye]

When is that moment? How often is CS updated?

the moment your report is pulled

[meme]

the moment your report is pulled

+1    http://www.experian.com/blogs/ask-experian/2009/11/25/credit-scores-calculated-each-time-your-report-is-requested/
Based on this, it makes no difference if I had 90% CL utilization last week as long as the moment CS is pulled there is a low ratio?

[a mirrer]

+1    http://www.experian.com/blogs/ask-experian/2009/11/25/credit-scores-calculated-each-time-your-report-is-requested/
Based on this, it makes no difference if I had 90% CL utilization last week as long as the moment CS is pulled there is a low ratio?

it does because of the different score buckets as explained in piecemeal in the last 20 pages or so

[David Smith]

+1    http://www.experian.com/blogs/ask-experian/2009/11/25/credit-scores-calculated-each-time-your-report-is-requested/
Based on this, it makes no difference if I had 90% CL utilization last week as long as the moment CS is pulled there is a low ratio?

You'll do a lot better asking our resident experts, like Mendelssohn, Pillan, and Cappy, than you will from those articles, in general.

[meme]

You'll do a lot better asking our resident experts, like Mendelssohn, Pillan, and Cappy, than you will from those articles, in general.

You don't consider yourself to be one of the experts?

[David Smith]

You don't consider yourself to be one of the experts?

Definitely not. I'm light years behind these people. I'm still a relative newbie.

[meme]

Definitely not. I'm light years behind these people. I'm still a relative newbie.

U serious? Are they double profiling? They have far less posts and are recent joiners according to profiles

[yochiek93]

U serious? Are they double profiling? They have far less posts and are recent joiners according to profiles

They came from CB another forum the best about credit scores

[CS91]

U serious? Are they double profiling? They have far less posts and are recent joiners according to profiles

You know there are other forums out there, right?

[meme]

They came from CB another forum the best about credit scores

I see, sorry I'm not so "in the know", happy we won them over!:)

[yochiek93]

I see, sorry I'm not so "in the know", happy we won them over!:)

Won them over is a little rough wording they came to learn and teach
(As the point of DDF give and take)

[meme]

(As the point of DDF give and take)

As of now I have a pretty poor give/take ratio

[etech0]

As of now I have a pretty poor give/take ratio

you'll get there

[Mendelssohn]

U serious? Are they double profiling? They have far less posts and are recent joiners according to profiles

This is not a credit forum. I'm not sure why you would expect expert credit information here. I know that's not why I'm here.