@KeithW wrote:
I have my info listed below. Those scores are current and I have a utilization of 55%. As of today I paid down my cards so that my utilization is just under 25%. What kind of point gain can I reasonably expect from this? Any chance I could get into to 700? We are preparing to apply for a construction loan in the coming months.
You should see a small increase sorry it won't take your scores into the 700 range with UTL still high at 25%
The more UTL you can pay down the better
Best wishes on the new home
Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
