Util from 38% to 24% - 15 pt Jump

[Anonymous]

Just a data point for anyone looking to see how much _purely_ a util change can affect a score, here's the senario:

Reports pulled three days apart, only one thing changed (in bold)

Card 1 (Freedom) - 1500/ 1325 > 535

Card 2 (Cap 1) - 750/ 168

Card 3 (Cap 1) - 750/ 158

Card 4 (Care Credit) - 3000/ 600

Card 5 (Amex) - na/ 291

Two open auto loans

One closed auto loan

One open collection (~7 yrs old)

No other derogatory marks

AAoA - 5 yrs (Reports pulled three days aparts, so I wouldn't expect any appreciable difference here)

So total util goes from 38% to 24%, a single card goes from 88% to 36%, and the score jump was 676 to 691. I'm also trying to capture the before/after on that collection falling off, and will report back there as well.

[llecs]

Congrats! Util is a big deal.

[marty56]

If you can get the other CCs PIF so just a single CC reports I think your score would be into the 700's.

[Anonymous]

Thanks for the feedback. I'm sure lower util will bump me into the 700's (open collection and all!) The plan is to report the "perfect 1 card, <9%" and have the collection "fall off" by August or so. Should be in pretty good shape then