Regular Contributor
Posts: 130
Registered: ‎09-10-2012

How to get the best FICO score ? Advice

I have 4 credit cards

3 regular and 1 amex charge card

i want to buy next month a car and I want to maximize my FICO score

i was told that the best is to have under 9% UTI and have only 1 card report a balance


usually I like to keep one of my 3 regular cards report a balance and have my charge card report 0 because it doesn't count towards UTI

this month for some reason I forgot oti pay off my charge card before the statement cutoff date so I have a balance on it


know my question is should I pay report My 3 other cards as 0 ? This will get me to 0% UTI


Or do I keep 1 with a balance and then I will have 2 cards report a balance (1 revolving card and 1 charge card) ?

Starting Score: EX 734 TU 749
Current Score: EX 734 TU 749
Goal Score: EX 766 TU 770

Take the myFICO Fitness Challenge
Posts: 3,348
Registered: ‎10-19-2012

Re: How to get the best FICO score ? Advice

I think the magic utlization ratio is 2%. Hit that while keeping the balance of all but one cards at zero.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.