Best score increase

[jamie2005]

Which will result in the biggest score increase?

Paying off 2-3 credit cards each with $300 limit

Or 

Paying $1000 on a $12,000 credit card?

They are all closed to being maxed out so which will give me the best results? Thanks in advance!

[Anonymous]

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@jamie2005 wrote:

Which will result in the biggest score increase?

Paying off 2-3 credit cards each with $300 limit

Or 

Paying $1000 on a $12,000 credit card?

They are all closed to being maxed out so which will give me the best results? Thanks in advance!

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I would say "Paying off 2-3 credit cards each with $300 limit" will give you optimal score increase.

If you have 2-3 cards that report 0% Utilization then naturally that will being down your overall UTI

I believe FICO accounts for UTI on individual cards but your overall UTI is the average across all CC's

[Anonymous]

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@jamie2005 wrote:

Which will result in the biggest score increase?

Paying off 2-3 credit cards each with $300 limit 

Or 

Paying $1000 on a $12,000 credit card?

They are all closed to being maxed out so which will give me the best results? Thanks in advance!

---

Paying off the multiple small credit cards would be more immediately beneficial to scores, but the overall UTI is still going to be in the toilet, so I would not anticipate more than a handful of points at best.

[jamie2005]

Ok. Thanks!