Have all of your revolving account balances reporting 1-9% util for max FICO points.
aten1701 wrote:I am very debt adverse, so typically, I pay off all my outstanding debt on my Wells Fargo Visa CC, as well as any other CC I have. Should I be keeping a balance on the credit card to improve my score, or is it fine to just pay it all off?My typical utilization on a given month on the Wells Fargo Visa CC could be about 30%, but again, it gets paid down every month/billing cycle.
aten1701 wrote:Thanks for the note. I'll keep in mind to raise the balance or at least have it present a month or so before I apply for anything like a mortgage.