Shnapple wrote:
@Anonymous wrote:
As of today, these two small amounts totalling $72 are gone now (I paid them), and all four of the cards should report at zero balances in the next cycle. I just hope my score will get to the promised land by then.
This may not be your ideal situation. From what I understand, it's best to leave at least 1-2 cards reporting a total of 1-9% utilization to get your optimal score.
Agree! With only four cards, I'd let just one report a nominal amount. I lost 4-6 points when I experimented with having all report $0, and another member (with higher scores) posted that he --I think it was a he --lost more than that.
Be sure to remember to pay it off after it does report.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
