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Zz_JC_zZ
New Contributor

CC Util

I am going to be apping for a new card soon and I have a question about Util %. I had 2 months where my statement recently had a Util of about 55%-65% because I had used my cards a good amount for traveling I was doing. My question is, they have since been paid down to where my total Util is about 6%-10%, so when I app is the company just going to go off of my current Util % or are the couple of months prior being high going to kill my chances. Any info/opinions would be appreciated. Thanks.
Starting Score (July 2013) Exp 665 Equ 658 TU 660
Current Score (Feb 2015) Exp: ??? Equ: 765 TU: 776


Amex BCE ($12,000) Discover It ($7,400) Cap1 Cash Rewards ($2,250) Cap1 Platinum ($4,500) Express Next ($1,450)
Message 1 of 4
3 REPLIES 3
myjourney
Super Contributor

Re: CC Util

Fico scoring has no memory 

So last month UTL is not factored only the current month

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 4
Zz_JC_zZ
New Contributor

Re: CC Util

Ok, thanks a lot!
Starting Score (July 2013) Exp 665 Equ 658 TU 660
Current Score (Feb 2015) Exp: ??? Equ: 765 TU: 776


Amex BCE ($12,000) Discover It ($7,400) Cap1 Cash Rewards ($2,250) Cap1 Platinum ($4,500) Express Next ($1,450)
Message 3 of 4
sccredit
Valued Contributor

Re: CC Util

Just make sure when you app that your report is reflecting lower utilization

Message 4 of 4
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