Posts: 99
Registered: ‎07-22-2008

Should I pay them off completely

I have 3 cc 2 of which I was planning to pay them off I owe about $320.00 on each and each with a CL of $400.00.  The next on has a CL of $5000.00 and I owe $4200.00.  So my util % is way high. I can pay the little ones of soon.  So should I keep a little balance on the little ones or just use them occassionally to raise my score?  The big one will take longer to pay off.
Moderator Emeritus
Posts: 7,326
Registered: ‎06-18-2007

Re: Should I pay them off completely

For scoring FICO likes to see Bal $0 on some cards and a total UTIL under 9%
I would pay the small ones as the are all but maxed out. Then start on the big one untill that is below 9%.

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