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Established Contributor
jefftca925
Posts: 683
Registered: ‎08-14-2008

Re: $0.00 balances across the board


Repo-ed wrote:
i did leave $500 reporting for score purposes - though 7k across several accounts was not really impacting my score, it was bothering me immensely!

I know that feeling SO WELL!  I'll buy something on my Amex card or another card and pay it off a week or so later.  It really bothers me to be owing anything!  Right now I'm only floating my Citi Simplicity balance (1200 left from replacement window purchase) and Best Buy because they have 0% interest on them.  Everything else gets PIF before statements cut.  But I do agree, for FICO scoring purposes you do need to show some utilization otherwise it will drop your score.

CCs: Chase Freedom World MC 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 9.2k, Citi AA Amex 6k, Nordstrom Visa Sg 10k, Amex Zync, Costco Amex 12k, BofA CR Visa Sg 17k, Amex BCP 9.5k, Amex Blue 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR Visa 44.6k, Chase United Visa Sg 13k, Chase Marriott Visa Sg 8k, Citi Simplicity 11.4k, PayPal MC 5k, Compass Visa 4k, WF Visa Sg 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 10.8k, Capital One QS Visa 3k, FRN MC 12k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates Visa Sg 8k FICOs as of June '14...EQ 808 TU 804 EX ?
Frequent Contributor
joshuapd1987
Posts: 276
Registered: ‎08-08-2011

Re: $0.00 balances across the board

Huge congrats, OP! :smileyhappy:
MyFICO Scores: 735 (EX 1029) | 697 (EQ 1029) | 647 (TU 1029)| Gardening until...? Nov 2013? *sob* | Last escape: July 3, 2013
Valued Contributor
maiden_girl
Posts: 2,005
Registered: ‎12-29-2011

Re: $0.00 balances across the board

CONGRATS!

The truth is out there...
FICO scores: 740 (EQ) 738 (EX) 750 (TU) 4/14 | Goal score: 750+ (all 3)
Tradelines: Capital One (5.0k) | Discover IT (5.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)
--------------------------Gardening until my credit recovers...NO MORE INQUIRES TIL 2015
Contributor
withaspark
Posts: 77
Registered: ‎01-10-2013

Re: $0.00 balances across the board

That's awesome! Must be a great feeling. Congratulations!

 

I notice feeling so much pressure to hold onto the debt until the day the statement cuts just for scoring...but it feels so much better just owing nothing.


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