SlowScore wrote:I am going to be closing on a construction loan in 3-4 weeks. I had around 12,000 in revolving that I paid down over a couple of months to around 9500 now. I have paid 3,000 of that down in the past week (all credit cards) but my credit score hasnt budged.
Since time is short, you want ideal. Like Timothy said, 1-9 percent util is ideal.
BofA $6,000 CL - 1% ($60) to 9% ($540)
Chase $3,700 CL - 1% ($37) to 9% ($333)
Rapid rescore is something your lender can do ( and will charge something for) to get updated history on your credit reports lickity split. Do a search on the boards here, there are some threads regarding it.
SlowScore wrote:that sounds expensive, exactly what is it? and will it help?