Reply
Frequent Contributor
basballguy
Posts: 360
Registered: ‎02-20-2008

2% or 9%

[ Edited ]

I hate to beat a dead horse since i know this comes up once a week but i'm looking for fresh opinions on my situation.  :smileyhappy:

 

Just one CC and i'm looking ot maximize my score.  I'm in a derog bucket (PR).  Last cycle I was at 85% utilization.  Right now I'm at 2% but I'm thinking of charging up to 9% before I cycle next week.

 

Thoughts?

 

no past dues or any other negatives last 2 or 3 years.  Just looking ot maximize score potential off CC utilization. 


Moderator
Shogun
Posts: 12,883
Registered: ‎04-15-2011

Re: 2% or 9%

Or somewhere in between.  2% should be just fine.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
bettercreditguy1
Posts: 741
Registered: ‎02-11-2012

Re: 2% or 9%

Your util is fine. You can not fine tune it any better. What else is reporting? WE can give you more insight with additional info

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico)


Remember the Three P's: Pay early in Full, Pay on Time, Patience

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
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+