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Established Contributor
Posts: 706
Registered: ‎08-14-2008
0

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 VS 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 10.8k, Citi AA Amex 6k, Nordstrom VS 10k, Amex Zync, Costco Amex 12k, BofA CR VS 17k, Amex BCP 9.5k, Amex ED 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 VS 44.6k, Chase United VS 13k, Chase Marriott VS 8k, Citi Simplicity 13.3k, PayPal MC 5k, Compass Visa 4k, WF VS 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 13.3k, Capital One QS Visa 11k, FRN MC 13.5k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates VS 8k, Orbitz VS 9k, NASA V 30k, USBk FP VS 17k
Frequent Contributor
Posts: 302
Registered: ‎08-08-2011
0

Re: $0.00 balances across the board

Huge congrats, OP! :smileyhappy:
MyFICO Scores: 720 (EX 10/05) | 718 (EQ 10/05) | 703 (TU 10/05)| | Amex Plat NPSL | Amex PRG NPSL | Amex Business Gold NPSL | Chase Sapphire Preferred 22,000 | Chase Freedom 20,000 | Walmart 15,000 | Amex Delta Reserve 12,900 | Chase Ritz 10,000 | Diner's Club Elite 10,000 | NASA Platinum Rewards 8,800 | Capital One Quicksilver 2,500
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: $0.00 balances across the board

CONGRATS!

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Contributor
Posts: 80
Registered: ‎01-10-2013
0

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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