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Question about util

tag
Anonymous
Not applicable

Question about util

My current util is 14% I have about 400+ on 2 cap 1 cards, 99 on Merrick, 82 on verve, 67 on milestone, 400 on credit one, 20 on Barclays and 80 on discover it.

I'm planning on paying off Merrick, verve, and milestone this week.

Question is will I see a bump in scores due to bring them to a 0, or will my scores go down because of this?
If a bump roughly how much?
Thanks
Message 1 of 2
1 REPLY 1
gdale6
Moderator Emeritus

Re: Question about util


@Anonymous wrote:
My current util is 14% I have about 400+ on 2 cap 1 cards, 99 on Merrick, 82 on verve, 67 on milestone, 400 on credit one, 20 on Barclays and 80 on discover it.

I'm planning on paying off Merrick, verve, and milestone this week.

Question is will I see a bump in scores due to bring them to a 0, or will my scores go down because of this?
If a bump roughly how much?
Thanks

Reducing the number of cards reporting and reducing the util percentage may give you a bump it depends on your overall profile.  I would not venture to say how much

Message 2 of 2
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