03-30-2013 10:28 PM - edited 03-30-2013 10:32 PM
Current Score(3/30/13): EQ: 578 -- TU: 621 -- EX: 628
Goal Score: 760
With my current scores and a 96% Debt to Credit Ratio on revolving account. 5 accounts totalling $14,377.
If i make a one time payment of 13k how big will my score jump? any suggestions?
03-30-2013 10:42 PM
It really will come down to what else is on your report. There is no way to really predict. Everyone seems to have different results.
If the rest of the OP's credit profile were messy the cards would've been CLD'ed I think.
03-30-2013 10:57 PM
I only have 2 30 day late on amex in oct of 2012 and one 30 day late on my BOA cc.
Only baddies on my report.
03-30-2013 11:05 PM
I think you will have a significant increase, but I imagine those lates are still leaving a pretty big mark since they are only about 6 months old. Congrats on paying down that large of a chunk of utlization though!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO