03-05-2008 06:28 AM - edited 03-05-2008 06:30 AM
03-05-2008 06:38 AM
I have re-read the other util threads and this is what I have....
Dell $1003.00 / $1500 = 67%
Home Depot $1428.16 / $1500 = 95.2% (only reporting $1366 bal for %91)
AA Juniper $773 / $800 = %96.6
Orchard $290 / $300 = %96.6
Total Util = %85.2
So when I pay down
Home Depot to $100 = 6.7%
Dell = $100 = 6.7%
AA Juniper = PIF
Orchard = PIF
Given that the acccounts are 3-4 months old, how much on average could I expect to jump score wise...10 per account, 15 per account? I know MMMV...but just an IMHO will suffice.
Also, which ones are better to PIF? The lower CL's or the higher?
Thanks to everyone...you all have been very helpful in pulling me out of this mess I created over the years!
ps. Reason for doing this is a short term boost in scores (I avg 620 FICO currently) in order to refi and get better rate/PMI.
Message Edited by HinH on 03-05-2008 06:30 AM
03-05-2008 07:18 AM
03-05-2008 08:41 AM
If that happened I would be floored, I was thinking I was wildly optimistic with 10-15 per account...just keeping my fingers crossed. Any jump up is a great step forward.
Thanks again for your opinion/help!
ps. This is the easy part, cleaning up my GMAC (settled in 2007 charged-off/repo from 2005) account is the one I am trying to get fixed...going up the chain looking for any goodwill.
03-05-2008 05:09 PM
...Also, which ones are better to PIF? The lower CL's or the higher?
03-05-2008 05:31 PM
03-05-2008 06:36 PM
One other thing, there is a spreadsheet available on another credit board that is helping keep track of util and things...can I post the link or not (also have to sign up to download)...just wondering.