Your util is very high, especially in your first three cards mentioned. I would work on paying the balances down. If your APR is high, think of a balance transfer. I just paid my util down from 80% to 30% and saw a jump near 50 points.
Any negatives in your report?
Any negatives in your report?
Starting Score: EQ 717 EX 724 TU 736
@Epcot wrote:
Your util is very high, especially in your first three cards mentioned. I would work on paying the balances down. If your APR is high, think of a balance transfer. I just paid my util down from 80% to 30% and saw a jump near 50 points.
Any negatives in your report?
+1 - you need to pay those balances way down. If you don't do it for your credit score, you should consider doing it for financial reasons. You must be paying a ton in interest.
I know you didn't ask for this advice, but I think it would be helpful for you to sit back and consider how sustainable you current credit card usage is. Your current score can fall much farther than 660 if you get over your head in debt and become unable to pay those cards. I wish you the best of luck in improving your score!
It's hard to say. I mean, your score would probably improve from where it is now, but it will be nowhere near it's highest potential. If you are unable to make 100% progress on that debt in the next few months, I would suggest bringing every card out of maxed out status (under 75% at least), and then keep as many cards clean as possible. If you can make it happen, I would get at least 2 cards to $0 and the rest to 50% or under. Anything better than that will be to your benefit. As always, FICO scores are their own animal and no one knows exactly what works best in this situation.