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Ratio of my revolving balances to 34% my credit limit, lowering this help me how much?

New Member

Ratio of my revolving balances to 34% my credit limit, lowering this help me how much?

I am at 698 credit score at the moment and I am really hoping to raise this about 20 points or so in the semi near future. I am coming into some money in which I was going to pay off my 2 remaining credit cards but after reading the forums I understand that it is better to keep 1-9% on them. My question is going from 34 to 1-9 going to help my score that much?
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Moderator Emeritus

Re: Ratio of my revolving balances to 34% my credit limit, lowering this help me how much?

Yes!
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