Generally the trick to credit card util is to have all $0 balances on your CCs except for one and have less than 9% on that one.
Starting Score: 504
Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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msfarenheit wrote:I just checked my official FICO score and it's a little lower than I thought at 708. No negatives, but my length of history and AAoA are are pretty short. I have some balances on my CCs (current util 7%), but I have the cash to pay them down/off.
I'm planning to buy a new car in about a month, so I'm wondering if there are any short-term fixes that I can do to quickly raise my score a few points. I'm not expecting any miracles, but I have heard there are ways to play with the CC reported balances that can boost the FICO score a few points. If you know about any of these techniques, please let me know.
This is funny after you read the heading and then this statement....lol
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