Good morning,
I have 5 credit cards that I plan on paying off over the next two months. I am however trying to increase my scores as quickly as possible and was wondering what makes more sense in seeing the highest score improvement. I have $900 to use towards payments for this month and was wondering does it make sense to pay off one credit card or two cards (the two together total $900)?
If there is a better method for tackling the ulitization issue please share.
Starting Scores (7/26/2010): EQ 517; TU 508; EX 527 (lender)
Scores Along the Way (11/4/2010): EQ 542; TU 547; (11/8/2010) EX Plus 641
Scores Along the Way: (4/15/2011): EQ 516; TU 622; EX 585 (lender)
Scores Along the Way: (8/25/2011): EQ 617; TU 627; EX 625 (lender)
Scores Along the Way: (11/28/2011): EQ 617; TU 645; EX 667 (lender)
Current Scores: (8/9/2013): EQ 634; TU 662; EX 694 (lender)
Closed on a Home: 12/30/2011 Goal Scores (8/25/2014): 700 club
Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010