Sort of piggy-backing on the thread I started earlier regarding EX3, I'm seeing a similar negative reason statement on EQ with BC5. Interesting enough though, this statement doesn't make the list on TU BC4 or EXBC2. The only difference here is that with BC5 the statement reads "high account balances" where on EX3 it says "high revolving balances." For all intents and purposes though they are the same, as the verbiage of "high account balances" states that it's looking at revolving balances and non-mortgage loans . Since I have no non-mortgage loans, it may as well just say "high revolving balances" :P This is with a single (AZEO) balance of $688 on a $20k limit card / overall revolving debt is $688. Utilization percentages again are 3.4% on the single card and .002% aggregate. My best guess is that raw dollars are triggering this negative reason statement, perhaps at $500. EQBCE5.png
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EQ BC5 "high account balances" easily triggered

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3 years ago
Thu Feb 03, 2022 11:31 pm
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BrutalBodyShots
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Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 24 days, 13 hours, and 40 minutes Next Level in6 days, 10 hours, and 20 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 24 days, 13 hours, and 40 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 24 days, 13 hours, and 40 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 24 days, 13 hours, and 40 minutes ago
Sort of piggy-backing on the thread I started earlier regarding EX3, I'm seeing a similar negative reason statement on EQ with BC5. Interesting enough though, this statement doesn't make the list on TU BC4 or EXBC2. The only difference here is that with BC5 the statement reads "high account balances" where on EX3 it says "high revolving balances." For all intents and purposes though they are the same, as the verbiage of "high account balances" states that it's looking at revolving balances and non-mortgage loans. Since I have no non-mortgage loans, it may as well just say "high revolving balances" :P This is with a single (AZEO) balance of $688 on a $20k limit card / overall revolving debt is $688. Utilization percentages again are 3.4% on the single card and .002% aggregate. My best guess is that raw dollars are triggering this negative reason statement, perhaps at $500.
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BrutalBodyShots
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Re: EQ BC5 "high account balances" easily triggered

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3 years ago
Mon Feb 07, 2022 11:19 am
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Birdman
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Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 14 days, 13 hours, and 40 minutes Next Level in15 days, 10 hours, and 20 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 14 days, 13 hours, and 40 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 14 days, 13 hours, and 40 minutes ago
No doubt it is balances and it’s interesting that this is credit balance not revolving balance and that includes non-mortgage installment loans. This is very good information for someone who may need to optimize EQ5. Would be interesting to know the exact number.
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Re: EQ BC5 "high account balances" easily triggered

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3 years ago
Mon Feb 07, 2022 2:32 pm
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BrutalBodyShots
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Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 24 days, 13 hours, and 40 minutes Next Level in6 days, 10 hours, and 20 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 24 days, 13 hours, and 40 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 24 days, 13 hours, and 40 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 24 days, 13 hours, and 40 minutes ago
Birdman wrote: ↑Mon Feb 07, 2022 11:19 am No doubt it is balances and it’s interesting that this is credit balance not revolving balance and that includes non-mortgage installment loans. This is very good information for someone who may need to optimize EQ5. Would be interesting to know the exact number.
Agreed. Maybe when I do that AZEO $32,000 limit card test for EX2 in the relative near future I'll go with a ~$490-$499 balance or so allowing me to also test for a possible $500 threshold point on EQ BC5. 2 birds, 1 stone!
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