Utilization Really *is* King!

[newFICOwatcher]

Just pulled my all three CR's today and noticed a nice bump after dropping utilization from 73% to 9% in a month...

05/28/08

TU        EQ       EX

607       653      715

06/29/08

TU        EQ       EX

625       692      747

Heading out July 3rd or 7th to get pre-approved for a mortgage (waiting on most recent paystub on Wednesday).

[voidman]

And paying all the credits before the due date is emperor

[Anonymous]

High utilization is definitely a score-sucking leech, no question about it. Anything over 50% starts to get bad, and anything over 80% or so is the kiss of death.