I love getting the MYFICO account alerts.. especially like this one;
@Anonymouswrote:Congratulations! I know the feeling. It may seem cliche but it really is a great feeling and helps you sleep so much better at night.
Thank you and I agree! I was about 59% overall, but these last two months I have been able to pay all of my accounts down to 20% or below. I think this March is going to be an exciting month just watching those scores increase 🤑
Congratulations! The lower your utilization, the better your score! ( You just don't want zero utilization!)
@Adkinswrote:Congratulations! The lower your utilization, the better your score! ( You just don't want zero utilization!)
Understood, so how about this AZEO? As long as there is one that is showing utilization it won't ding your score? I mean, by the end of next month I plan on having pretty much everything at zero, but I will certainly use my AMEX EDC as my everyday driver so I can have some utilization showing. Is that the right way to go about AZEO?
@Anonymouswrote:
Congrats! I feel like such a loser...I get excited when I get an alert of a change lol but it's because it's such a positive thing and we are all working hard to get back on the right track!
not a loser at all,,, we are taking care of our business and we should feel great when we see positive results. I am right in there with you! 💪🏼
@avp99wrote:
@Adkinswrote:Congratulations! The lower your utilization, the better your score! ( You just don't want zero utilization!)
Understood, so how about this AZEO? As long as there is one that is showing utilization it won't ding your score? I mean, by the end of next month I plan on having pretty much everything at zero, but I will certainly use my AMEX EDC as my everyday driver so I can have some utilization showing. Is that the right way to go about AZEO?
Yes. The only card you should never use as your balance card while doing AZEO is a Chase card. (I don't see a Chase card in your signature but in case you do get one, fyi)
@Adkinswrote:
@avp99wrote:
@Adkinswrote:Congratulations! The lower your utilization, the better your score! ( You just don't want zero utilization!)
Understood, so how about this AZEO? As long as there is one that is showing utilization it won't ding your score? I mean, by the end of next month I plan on having pretty much everything at zero, but I will certainly use my AMEX EDC as my everyday driver so I can have some utilization showing. Is that the right way to go about AZEO?
Yes. The only card you should never use as your balance card while doing AZEO is a Chase card. (I don't see a Chase card in your signature but in case you do get one, fyi)
Good to know and thank you!