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Which helps credit score more?

New Member

Which helps credit score more?

I'm about to start attacking my credit card balances, is it better to spread a few hundred dollars on each of them or to pay off a few of my oldest cards?  I have 8 accounts with balances ranging from $250-750.

Starting Score: 631
Current Score: 583
Goal Score: 700


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2 REPLIES
Epic Contributor

Re: Which helps credit score more?

the more accounts reporting $0 the better you are for score wise
Message 2 of 3
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Valued Contributor

Re: Which helps credit score more?

You do want to show as many accounts at zero as possible. However, it's important that you don't have any cards totally maxed out such that added interest would put them over the limit.
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