VeteransUnited.com says credit bureaus say ratio around or below 30% for credit score
Curious reference to utilization rate. But which of those bureaus are they referring to?

As written previously, Fair Isaac, the FICO credit score company has emphatically stated, “There is nothing significant about 30 percent revolving utilization.”

However, according to an item in the domain veteransunited.com, “Most of the major credit bureaus are looking for this utilization rate to be somewhere around or below 30 percent.”

That domain houses a website of Mortgage Research Center, LLC whose NMLS ID is 1907. #n73762

While “major credit bureaus” is not defined in the article, the main three in the US are, non-alphabetically, Experian, Transunion and Equifax. Most, in that case, would mean two.

So, which two is the article referring to? #2103M

In 2014, The Credit Scoring Site engaged Mortgage Research Center dba Veterans United. The possible answers to the question posed then were Yes and No. In two attempts at answering, neither was given. #1408G

Add most lenders to most of the major credit bureaus.

@veteransunited is blocking @creditscoring on twitter.com. #ostricheffect

The Department of Veterans Affairs states, “Absence of a credit history is not generally considered an adverse factor.”

Mortgage Research Center also states, “FICO scores continue to be the most common among mortgage lenders and run from 300 to 850.”

That is not true. There are no 850 credit scores in mortgage lending. #Myth12

Reporting agencies on credit utilization ratio 20210213
What is behind the idea that a 30 percent credit utilization ratio is significant?

In 2019, a representative of Fair Isaac, the FICO credit score company stated, “There is nothing significant about 30 percent revolving utilization.”

However, Experian, one of the three main consumer reporting agencies in the U.S., states, “In a FICO Score or score by VantageScore, it is commonly recommended to keep your total credit utilization rate below 30%.”

Another such agency, Transunion, states, “Paying off outstanding debts to keep your credit utilization below 30 percent may positively amend your credit score.”

And another of the three, Equifax, states, “Lenders and creditors generally like to see a low debt to credit ratio – below 30 percent.”

Despite the clear statement of Fair Isaac, 30 keeps coming up. What is behind that?