@glamchick wrote:
I have paid my CC's down to 10% and noticed a big increase in score. Average 30-40 points on each CR. So what will happen next month if I keep the UTL to 10%? How much of an increase?
I disagree with some of the others. There might not be a memory for util in the scoring, but if you continue to keep it down, your scores should continue to rise, although not as dramatically. This is because everything has aged another month.
So technically, it's not due to the lowered util this time, but I think that you will see continued score improvement.
And as the others said (or tried to say!
), if you want to wring out some more points, go ahead and PIF your lower-balance cards while keeping under 10% --not at 10%, but 9% or less --on just a few higher-CL cards. Depending upon your score bucket, you should probably get another goose from that. Again, you can use any and all cards that you want, as long as you pay them down/ off before they report to the CRA's, which is typically on your statement date.
Hauling is not out of step. It's everybody else!
(I can't help it if my mind types faster than my fingers. lol)
Message Edited by Sylviatob on 03-05-2008 08:41 AM
(I can't help it if my mind types faster than my fingers. lol)
Message Edited by Sylviatob on 03-05-2008 08:41 AM