Paying down debt

[Pastryprincessnails]

I am in the process of paying down my cc's I have a balance of about $1200 with a total credit limit of $2900 over 5 cards I can't pay it down to less than 10% right now but how much will this bump my score and how soon will I see it any info will be appreciated thanks!!!

[cqdealer711]

you may see some small bumps along the way. Definately by paying it down you will see some decent increases.  You will see some increases after your credit cards report to the CRA's every month

[Anonymous]

YMMV but for me I noticed the better bumps occur when I went below the 50%, 20% and ultimately the 9% levels. FICO doesn't have a memory meaning UTIL can be corrected easily which is awesome news but that also means it could be temporary. If you have any negatives such as lates, collections or COs on your CRs they will continue to hold your scores down. Attack those and you'll see noticeably larger bumps with the UTIL changes.