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AZEO or 30% Utilization

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Anonymous
Not applicable

AZEO or 30% Utilization

In the process of increasing credit scores for a mortgage:

 

Current FICO8: 661/678/668

DTI: 17%

Current utilization: 51%

 

Question...is it better to AZEO or pay all remaining debt down to 30%?  Remaining cc balances  have high utilization (avg 95%)

 

Any help is appreciated!

2 REPLIES 2
NC_Mtg_Loaner
Valued Contributor

Re: AZEO or 30% Utilization

Not sure which is best, but I do know that either of those two are better than your current 95% utilization and therefore would recommend doing whichever was easiest for you to obtain considering where you are now.

 

I just hope I'm not looking like Captain Obvious here.

 

Of course we also don't know the length of time these accounts have been open as that's another factor for consideration when it comes to optimizing scores.

__________________________________________________

Licensed NC Mortgage Loan Originator
Message 2 of 3
Anonymous
Not applicable

Re: AZEO or 30% Utilization

What would your one card report at, both individually and as you total ?
Message 3 of 3
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