Score adjustments from card payoff

[jason0618]

I'm just curious what I can expects score to do. I just paid off all my credit cards except one.
I've got a Jared card that was $653 on a $400 limit
Credit one bank, first month with it, but it's paid to $0/300
Finally, nfcu I've paid down to $650/1000. Should I pay that one down some more this month, or just wait til next month?

My fico scores are 520, 616 and 639 per the mifico site as of right now.

[user5387]

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@jason0618 wrote:
I'm just curious what I can expects score to do. I just paid off all my credit cards except one.
I've got a Jared card that was $653 on a $400 limit
Credit one bank, first month with it, but it's paid to $0/300
Finally, nfcu I've paid down to $650/1000. Should I pay that one down some more this month, or just wait til next month?

My fico scores are 520, 616 and 639 per the mifico site as of right now.

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I'd suggest letting the NFCU report a balance of around $25-50, and the others at $0.

Payment history and utilization are each around 1/3 of your score.

Optimizing utilization will help you, but if there are issues with payment history, they will still be a drag.

[striehl8212]

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@jason0618 wrote:
I'm just curious what I can expects score to do. I just paid off all my credit cards except one.
I've got a Jared card that was $653 on a $400 limit
Credit one bank, first month with it, but it's paid to $0/300
Finally, nfcu I've paid down to $650/1000. Should I pay that one down some more this month, or just wait til next month?

My fico scores are 520, 616 and 639 per the mifico site as of right now.

Edit: *misread*

When I only had my discover card and it's utilization was maxed out (99%) for a couple of months and I finally had the money to pay it all off, once it reported, my scores shot up 40 points. I left a small balance to post ~2% utliz. Just a bullet point from my experience. 

[navistar]

utilization is huge part of score so you need to be below 10%. There are people around here with scores as good as mine with tax liens and bankruptcys but their utilization is low and mine is high.