YESTERDAY - 84 % UTILIZATION TODAY- 0% What's the lucky score??

[lyssa29]

I paid off all of my credit cards, how much do you think my score will jump next month?  Any ideas? simulator says it could go up to 715? 

I'm betting TU will go up to 680 and EX & EQ will go to 660.

It could be like when those people have babies and they pick the weight.  We all pick a square...

[Anonymous]

Just depends on what else you have on your reports. I'm sure you'll see something nice once it reports.

[techgirl]

Did you make one lump payment, pay over time.... Need a bit more info... If lump payment it go up 41 points - my guess...

[lyssa29]

One lump payment yesterday.  There are 4 accounts. 

This is before:

Capital One Visa                    200/500

Capital One Master Card       200/500

Amex                                      1200/2000

Target                                     200/500

The capital one master card was late 3 days once, but it was because I paid online to the visa twice that month instead of switching it.  I sent a GW letter last week.

[llecs]

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lyssa29 wrote:

One lump payment yesterday.  There are 4 accounts. 

This is before:

Capital One Visa                    200/500

Capital One Master Card       200/500

Amex                                      1200/2000

Target                                     200/500

The capital one master card was late 3 days once, but it was because I paid online to the visa twice that month instead of switching it.  I sent a GW letter last week.

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I say 70-80 points across the board, assuming you have no CC COs.

Wait........Are these your only CCs? If so, your utilization is around 51%. If this is it, then I would say 35-45 point gain.

[Anonymous]

I'll guess 50 points or so.

+70 for lower utilization and -20 for no revolving balances.

[lyssa29]

yeah I think that amex was reporting more, but I made a payment between then and the big pay off.  it was definitely at 84%

[PayYouNever]

you i'm wondering the same thing, because I brought my UTL from over 100% to below 11% just this month. Over 100% because I had closed accounts with balances on them, but I've paid those off as well. I figure those were really keeping my score low, at least below 600.

Hopefully, I'll see a 50 to 75 points jump