Utilization question

[westo12]

I am currently @ 6% util on 3 positive cc accts with a limit of $3500. 

My question is, would I really see a difference in points if I paid that down to under 5%? Or does it not make a difference in points as long as you are under 10%?

[Anonymous]

i was wondering the same thing if i get more if i go lower then 5% with 6,120.00 in CL's

[Anonymous]

Depends on how many total revolving accounts you have.

You do not want all of them to report 0.

If you have 4 accounts, at least 2 to 3 should report 0.   9% or less on the remaining card. 

[DI]

---

@Anonymous wrote:

@I am currently @ 6% util on 3 positive cc accts with a limit of $3500. 

My question is, would I really see a difference in points if I paid that down to under 5%? Or does it not make a difference in points as long as you are under 10%?

---

You will only see a big difference in your score when the balance is paid down over several months.  Decreasing utilization from 6 to 5 in a month won't give you a big score jump.

[westo12]

I have 3 accounts, all total 6% util.  I paid off the two smallest ones and next month they'll report a $0 bal and the last one will be less than 5%.  Just want to see what will happen.  Thanks all!

[DI]

Keep us posted. thanks!