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I can't believe how much UTIL factors in!

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sharriel
Frequent Contributor
‎09-26-2013 05:38 AM
‎09-26-2013 05:38 AM

I can't believe how much UTIL factors in!

I paid down $200 on a CC and it raised my score 5 points today!  I have a $1000 CC with a $983 balance that I am hoping to pay down in a month.  Can't wait to see the increase with that!

5/16/13 Starting FICOEQ: 521 FICOTU: 536 FICOEX: 571
5/13/14 Current FICOEQ: 668 FICOTU: 690 FICOEX: 673
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guiness56
Epic Contributor
‎09-26-2013 07:52 AM
‎09-26-2013 07:52 AM

Re: I can't believe how much UTIL factors in!

Yep, it factors in a whole lot.  It is the fastest way to raise your score.

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